£449,316
This estimated value is based upon the latest sale price for the house of £325,000 on 26 Jan 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £325,000 | 26 Jan 2016 |
| 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 January 2016 the House Price Index for NORFOLK was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £325,000 results in an estimated price of approximately £449,316.
| 26 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £325,000 | £124,316 | £449,316 |
The Postcode Pricing Model uses changes in average sales price within the IP21 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 | 3.788 % | £12,309 | £337,309 |
| 3 Month Average | 22.673 % | £73,688 | £398,688 |
| 6 Month Average | 34.696 % | £112,761 | £437,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £375,500 | £375,500 | FERNLEA NORWICH ROAD |
| 14 Apr 2023 | £382,148 | £375,000 | 46 RANSOME AVENUE |
| 12 Apr 2023 | £458,577 | £450,000 | 1 ALEXANDER WAY |
| 13 Jan 2023 | £190,509 | £190,000 | 5 THE TERRACE NORWICH ROAD |
| 21 Oct 2022 | £224,251 | £225,000 | 8 PRETTY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pretty Drive |
| Oct 2024 | Public order | Awaiting court outcome | On or near Orchard Way |
| Jul 2024 | Anti-social behaviour | On or near Norwich Road | |
| Jul 2024 | Anti-social behaviour | On or near Norwich Road | |
| Jul 2024 | Anti-social behaviour | On or near Norwich Road |