£854,159
This estimated value is based upon the latest sale price for the house of £825,047 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £825,047 | 4 Feb 2022 |
| £89,000 | 7 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 sq feet |
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 2022 the House Price Index for NORFOLK was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £825,047 results in an estimated price of approximately £854,159.
| 4 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £825,047 | £29,112 | £854,159 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 151.173 % | £1,247,250 | £2,072,297 |
| 3 Month Average | 77.135 % | £636,397 | £1,461,444 |
| 6 Month Average | 40.602 % | £334,989 | £1,160,036 |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 14 Oct 2021.
The average size of a house on THE FAIRSTEAD is 97 sq meters (1,052 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Glandford Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cley Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cley Road |