£1,080,141
This estimated value is based upon the latest sale price for the house of £995,000 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £995,000 | 15 Sep 2021 |
| Detached |
| 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 September 2021 the House Price Index for NORFOLK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £995,000 results in an estimated price of approximately £1,080,141.
| 15 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £995,000 | £85,141 | £1,080,141 |
The Postcode Pricing Model uses changes in average sales price within the NR8 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 | 37.491 % | £373,030 | £1,368,030 |
| 3 Month Average | 31.190 % | £310,343 | £1,305,343 |
| 6 Month Average | 1.983 % | £19,733 | £1,014,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2024 | £400,000 | £400,000 | OAK COTTAGE, 16 RINGLAND ROAD |
| 1 Aug 2024 | £355,000 | £355,000 | 58 LABURNUM AVENUE |
| 31 Mar 2023 | £355,944 | £350,000 | 69 LABURNUM AVENUE |
| 10 Mar 2023 | £402,726 | £396,000 | ROSLIN THE STREET |
| 8 Apr 2022 | £286,951 | £276,600 | 8 LABURNUM AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Drive |
| Oct 2024 | Anti-social behaviour | On or near Draper Way | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Draper Way |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Avenue |