£273,424
This estimated value is based upon the latest sale price for the house of £184,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £184,000 | 30 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 January 2015 the House Price Index for NORFOLK was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £184,000 results in an estimated price of approximately £273,424.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £184,000 | £89,424 | £273,424 |
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 | 67.834 % | £124,814 | £308,814 |
| 3 Month Average | 51.125 % | £94,070 | £278,070 |
| 6 Month Average | 35.733 % | £65,747 | £249,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £75,971 | £75,000 | 135 LAUREL COURT ARMSTRONG ROAD |
| 14 Jul 2023 | £233,138 | £230,000 | 34 FIRTREE ROAD |
| 10 Jul 2023 | £131,774 | £130,000 | 15 TRACEY ROAD |
| 16 May 2022 | £326,145 | £320,000 | 4 BEECHWOOD DRIVE |
| 10 Mar 2022 | £284,972 | £275,000 | 1 PINE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Nov 2014. Using an estimated price of £273,424 means this house is valued at £4,272 per sq meter (£396 per sq foot).
The average size of a house on TRACEY ROAD is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tracey Road | |
| Feb 2024 | Anti-social behaviour | On or near Tracey Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tracey Road |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Goodwood Close |