£428,675
This estimated value is based upon the latest sale price for the house of £249,950 on 21 Feb 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £249,950 | 21 Feb 2012 |
| £244,000 | 22 Jul 2010 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 644 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 February 2012 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £249,950 results in an estimated price of approximately £428,675.
| 21 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £249,950 | £178,725 | £428,675 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 130.302 % | £325,689 | £575,639 |
| 3 Month Average | 82.988 % | £207,429 | £457,379 |
| 6 Month Average | 58.578 % | £146,415 | £396,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £432,569 | £425,000 | 244 WROXHAM ROAD |
| 15 Sep 2023 | £212,720 | £210,000 | 92 BLUE BOAR LANE |
| 18 Aug 2023 | £302,648 | £300,000 | 12 CRANES CROFT ROAD |
| 22 Jun 2023 | £263,188 | £260,000 | 11 CHOPYNGS DOLE CLOSE |
| 18 Aug 2022 | £416,379 | £417,500 | 238 WROXHAM ROAD |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 17 Dec 2008. Using an estimated price of £428,676 means this house is valued at £7,163 per sq meter (£665 per sq foot).
The average size of a house on CRANES CROFT ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Offender given a caution | On or near Hall Wood Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hall Wood Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Hall Wood Road |