£227,733
This estimated value is based upon the latest sale price for the house of £211,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There have been two burglaries within the last year on or near Bailey Road
More crime details
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| Price Paid | Date |
|---|---|
| £211,000 | 22 Dec 2021 |
| £183,995 | 30 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2021 the House Price Index for NORFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £211,000 results in an estimated price of approximately £227,733.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £211,000 | £16,733 | £227,733 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | -6.464 % | £-13,639 | £197,360 |
| 3 Month Average | 10.119 % | £21,351 | £232,351 |
| 6 Month Average | 8.961 % | £18,907 | £229,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £314,733 | £312,000 | 15 ROPER WAY |
| 8 Dec 2023 | £221,816 | £215,000 | 17 DUNCAN WAY |
| 30 Oct 2023 | £306,972 | £300,000 | 2 DUNCAN WAY |
| 24 Apr 2023 | £262,918 | £258,000 | 15 DUNCAN WAY |
| 31 Mar 2023 | £259,331 | £255,000 | 7 ROPER WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Nov 2021. Using an estimated price of £227,734 means this house is valued at £2,996 per sq meter (£278 per sq foot).
The average size of a house on BAILEY ROAD is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Bailey Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bailey Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bailey Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bailey Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Bailey Road |