£296,656
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Jun 2016 |
| £66,500 | 1 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2016 the House Price Index for NORFOLK was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £225,000 results in an estimated price of approximately £296,656.
| 17 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £225,000 | £71,656 | £296,656 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | -2.500 % | £-5,625 | £219,374 |
| 3 Month Average | 28.191 % | £63,429 | £288,429 |
| 6 Month Average | 31.041 % | £69,842 | £294,842 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Apr 2016.
The average size of a house on IRIS CLOSE is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Tulip Close | |
| Dec 2023 | Anti-social behaviour | On or near Tulip Close | |
| Dec 2023 | Anti-social behaviour | On or near Tulip Close | |
| Dec 2023 | Anti-social behaviour | On or near Tulip Close | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sorrel Drive |