£361,407
This estimated value is based upon the latest sale price for the house of £280,000 on 19 Jun 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £280,000 | 19 Jun 2017 |
| 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 June 2017 the House Price Index for NORFOLK was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £280,000 results in an estimated price of approximately £361,407.
| 19 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £280,000 | £81,407 | £361,407 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 32.221 % | £90,217 | £370,217 |
| 3 Month Average | 34.101 % | £95,483 | £375,483 |
| 6 Month Average | 29.689 % | £83,130 | £363,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £528,413 | £515,000 | 3 WESLEY CLOSE |
| 29 Sep 2023 | £772,018 | £755,000 | MEADOW VIEW BEARS ROAD |
| 5 Sep 2023 | £419,242 | £410,000 | THE FIRS VICARAGE ROAD |
| 30 Jun 2023 | £242,357 | £237,500 | 7 CHAPEL ROAD |
| 15 Jun 2023 | £285,726 | £280,000 | 1 DUTCH COTTAGES MUNDESLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Terrace |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beck Close |
| Aug 2024 | Public order | Action to be taken by another organisation | On or near Beck Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rookery Close |