£148,310
This estimated value is based upon the latest sale price for the house of £35,000 on 11 Aug 1999. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £35,000 | 11 Aug 1999 |
| £37,000 | 30 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 August 1999 the House Price Index for NORFOLK was 34.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 323.743%.Applying this 323.743% change to the original purchase price of £35,000 results in an estimated price of approximately £148,310.
| 11 Aug 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 146.7 | 323.743 % | £35,000 | £113,310 | £148,310 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 443.373 % | £155,180 | £190,180 |
| 3 Month Average | 341.391 % | £119,487 | £154,487 |
| 6 Month Average | 468.581 % | £164,003 | £199,003 |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 28 Mar 2014.
The average size of a house on SHIPPS CLOSE is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exchange Street |
| Dec 2023 | Anti-social behaviour | On or near The Thoroughfare |