£220,623
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Jul 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£120,000 | 12 Jul 2005 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,357 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 July 2005 the House Price Index for NORFOLK was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £120,000 results in an estimated price of approximately £220,623.
12 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £120,000 | £100,623 | £220,623 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 90.376 % | £108,451 | £228,451 |
3 Month Average | 101.229 % | £121,474 | £241,474 |
6 Month Average | 81.761 % | £98,113 | £218,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £228,070 | £225,000 | 34A VICARAGE ROAD |
1 Jun 2023 | £299,629 | £296,000 | 1 VICARAGE ROAD |
12 Aug 2022 | £145,608 | £146,000 | 11 VICARAGE ROAD |
11 May 2022 | £181,418 | £178,000 | 32A VICARAGE ROAD |
23 Mar 2022 | £177,201 | £171,000 | 4 VICARAGE ROAD |
This house has a floor area of 126 sq meters or 1,357 sq feet when measured on 14 Oct 2009. Using an estimated price of £220,623 means this house is valued at £1,748 per sq meter (£162 per sq foot).
There is one other house on the street which we know the size of, this is 3 WINDMILL CLOSE it is 140.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
Feb 2024 | Anti-social behaviour | On or near Vicarage Road | |
Feb 2024 | Anti-social behaviour | On or near Vicarage Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vicarage Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |