£211,225
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 19 Jul 2019 |
| £143,500 | 20 Jun 2008 |
| £147,500 | 2 Feb 2007 |
| £124,500 | 15 Aug 2003 |
| £39,000 | 23 Feb 1996 |
| 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 2019 the House Price Index for NORFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £170,000 results in an estimated price of approximately £211,225.
| 19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £170,000 | £41,225 | £211,225 |
The Postcode Pricing Model uses changes in average sales price within the NR12 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 | 5.342 % | £9,081 | £179,081 |
| 3 Month Average | 12.924 % | £21,970 | £191,970 |
| 6 Month Average | 1.048 % | £1,781 | £171,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £110,000 | £110,000 | COTTAGE 1 RAINBOWS END CHALET PARK MILL LANE |
| 15 Dec 2023 | £474,583 | £460,000 | 6 THE PADDOCKS NORTH WALSHAM ROAD |
| 12 Dec 2023 | £286,297 | £277,500 | STONES THROW, 44 NEWLANDS ESTATE |
| 27 Oct 2023 | £434,877 | £425,000 | LODGE COTTAGE COAST ROAD |
| 16 Oct 2023 | £112,556 | £110,000 | COTTAGE 3 RAINBOWS END CHALET PARK MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Gooch Close | |
| Sep 2024 | Anti-social behaviour | On or near Gooch Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Walcott Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walcott Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Coast Road |