£1,450,061
This estimated value is based upon the latest sale price for the house of £1,000,000 on 27 Jul 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £1,000,000 | 27 Jul 2015 |
| 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 July 2015 the House Price Index for NORFOLK was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,450,061.
| 27 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £1,000,000 | £450,061 | £1,450,061 |
The Postcode Pricing Model uses changes in average sales price within the PE33 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 | 16.528 % | £165,276 | £1,165,276 |
| 3 Month Average | 46.736 % | £467,357 | £1,467,357 |
| 6 Month Average | 51.841 % | £518,408 | £1,518,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £475,000 | £475,000 | RUSSETT HOUSE DOWNHAM ROAD |
| 24 Feb 2023 | £344,300 | £342,000 | 3 BARLEY CLOSE |
| 25 Nov 2022 | £159,753 | £160,500 | 5 SCHOOL ROAD |
| 28 Oct 2022 | £274,085 | £275,000 | 35A SCHOOL ROAD |
| 15 Jul 2022 | £252,530 | £250,000 | 6 WILLOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Church Road | |
| Aug 2024 | Anti-social behaviour | On or near Church Road | |
| Aug 2024 | Anti-social behaviour | On or near Church Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near School Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near School Road |