£196,492
This estimated value is based upon the latest sale price for the house of £124,950 on 21 Sep 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £124,950 | 21 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 September 2007 the House Price Index for NORFOLK was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £124,950 results in an estimated price of approximately £196,492.
| 21 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £124,950 | £71,542 | £196,492 |
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 | 27.230 % | £34,023 | £158,973 |
| 3 Month Average | 62.324 % | £77,874 | £202,824 |
| 6 Month Average | 51.345 % | £64,155 | £189,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £315,000 | £315,000 | 16A MILLFIELD ROAD |
| 24 Jun 2022 | £316,771 | £310,000 | 24 MILLFIELD ROAD |
| 24 Jun 2022 | £289,182 | £283,000 | 26A MILLFIELD ROAD |
| 29 Mar 2022 | £187,908 | £180,000 | FLAT 2 TWEED HOUSE, 1 STATION ROAD |
| 9 Dec 2021 | £304,904 | £282,500 | 5 MILLFIELD ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 2 Jun 2014. Using an estimated price of £196,493 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on STATION ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Unable to prosecute suspect | On or near Millfield Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |