£1,083,580
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Jul 1999. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 7 Jul 1999 |
| 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 1999 the House Price Index for NORFOLK was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £250,000 results in an estimated price of approximately £1,083,580.
| 7 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £250,000 | £833,580 | £1,083,580 |
The Postcode Pricing Model uses changes in average sales price within the NR11 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 | 271.633 % | £679,083 | £929,083 |
| 3 Month Average | 354.683 % | £886,708 | £1,136,708 |
| 6 Month Average | 361.388 % | £903,470 | £1,153,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £214,758 | £211,000 | 5 CHURCH ROAD |
| 7 Jul 2023 | £755,164 | £745,000 | HILL TOP COTTAGE |
| 5 Jun 2023 | £245,473 | £242,500 | SPRING COTTAGE |
| 29 Mar 2023 | £297,806 | £295,000 | 4 THE LOKE |
| 28 Mar 2022 | £834,191 | £805,000 | FORGE BARN 2 PARK FARM BARNS WOLTERTON PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolterton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Street |
| Jan 2024 | Possession of weapons | Under investigation | On or near Eagle Close |
| Jan 2024 | Other crime | Under investigation | On or near Eagle Close |