£704,707
This estimated value is based upon the latest sale price for the house of £700,000 on 14 Feb 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £700,000 | 14 Feb 2023 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for NORFOLK to estimate the market value.
When this house was purchased in February 2023 the House Price Index for NORFOLK was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £700,000 results in an estimated price of approximately £704,707.
| 14 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £700,000 | £4,707 | £704,707 |
The Postcode Pricing Model uses changes in average sales price within the IP24 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 6.000 % | £41,997 | £741,997 |
| 3 Month Average | -2.795 % | £-19,563 | £680,436 |
| 6 Month Average | -9.392 % | £-65,744 | £634,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £555,000 | £555,000 | UNIT 4 MUNDFORD ROAD |
| 12 Mar 2024 | £2,864,003 | £2,820,000 | UNIT 2 MUNDFORD ROAD |
| 20 Dec 2023 | £180,548 | £175,000 | 5 HILL FORT CLOSE |
| 24 Nov 2023 | £176,480 | £172,000 | 50 ST ALBANS WAY |
| 5 Sep 2023 | £409,016 | £400,000 | 29 PRIORY PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Local resolution | On or near Sports/Recreation Area |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Oct 2024 | Violence and sexual offences | On or near Thetford (Station) | |
| Oct 2024 | Public order | On or near Thetford (Station) |