£151,493
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Mar 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Mar 2018 |
| 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 2018 the House Price Index for NORFOLK was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £120,000 results in an estimated price of approximately £151,493.
| 27 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £120,000 | £31,493 | £151,493 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -19.734 % | £-23,680 | £96,319 |
| 3 Month Average | 15.899 % | £19,078 | £139,078 |
| 6 Month Average | 19.937 % | £23,924 | £143,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £243,745 | £240,000 | A C C DISTRIBUTION FARADAY PLACE |
| 20 Dec 2023 | £237,291 | £230,000 | 43 FIR ROAD |
| 11 Dec 2023 | £185,706 | £180,000 | 59 KIMMS BELT |
| 27 Oct 2023 | £173,951 | £170,000 | 5 ELM ROAD |
| 27 Sep 2023 | £92,029 | £90,000 | 29 ROWAN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Action to be taken by another organisation | On or near Aspen Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Aspen Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aspen Close |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beech Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Close |