£381,368
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 31 Mar 2023 |
| £170,000 | 21 Aug 2009 |
| £32,500 | 3 Sep 1996 |
| Semi-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 March 2023 the House Price Index for NORFOLK was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £375,000 results in an estimated price of approximately £381,368.
| 31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £375,000 | £6,368 | £381,368 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 5.902 % | £22,130 | £397,130 |
| 3 Month Average | -19.214 % | £-72,054 | £302,945 |
| 6 Month Average | -18.388 % | £-68,956 | £306,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £750,035 | £733,000 | MANOR FARM HOUSE BUNGAY ROAD |
| 31 Aug 2023 | £224,041 | £220,000 | 2 HALES COTTAGES |
| 31 Mar 2023 | £381,369 | £375,000 | 1 STOCKTON OLD HALL COTTAGES RAVENINGHAM ROAD |
| 24 Mar 2023 | £289,840 | £285,000 | 4 CHURCH FARM COTTAGES CHURCH ROAD |
| 15 Mar 2023 | £120,004 | £118,000 | 6 HECKINGHAM PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Local resolution | On or near Raveningham Road |
| Jun 2024 | Criminal damage and arson | Local resolution | On or near Raveningham Road |
| Jun 2024 | Public order | Under investigation | On or near Beccles Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Beccles Road |
| May 2024 | Other theft | Under investigation | On or near Beccles Road |