£378,018
This estimated value is based upon the latest sale price for the house of £306,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£306,000 | 25 Jan 2019 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 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 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £306,000 results in an estimated price of approximately £378,018.
25 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £306,000 | £72,018 | £378,018 |
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 | -23.368 % | £-71,504 | £234,495 |
3 Month Average | 6.339 % | £19,397 | £325,397 |
6 Month Average | 12.401 % | £37,948 | £343,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £328,243 | £322,500 | 49 SPRINGFIELDS |
29 Nov 2023 | £294,358 | £290,000 | WILLOW COTTAGE LONDON ROAD |
10 Feb 2023 | £319,785 | £320,000 | 51 SNOWDROP DRIVE |
4 Aug 2022 | £339,087 | £340,000 | 18 ST EDMUNDS GATE |
14 Jul 2022 | £381,026 | £380,000 | 35 SNOWDROP DRIVE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 3 Dec 2013. Using an estimated price of £378,019 means this house is valued at £3,000 per sq meter (£278 per sq foot).
The average size of a house on WATLING ROAD is 158 sq meters (1,707 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sorrel Drive |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Sorrel Drive |
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 |