£226,809
This estimated value is based upon the latest sale price for the house of £142,000 on 22 Jan 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £142,000 | 22 Jan 2014 |
| £131,000 | 6 Nov 2009 |
| £36,950 | 13 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 770 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 2014 the House Price Index for NORFOLK was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £142,000 results in an estimated price of approximately £226,809.
| 22 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £142,000 | £84,809 | £226,809 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 41.348 % | £58,713 | £200,713 |
| 3 Month Average | 47.657 % | £67,673 | £209,673 |
| 6 Month Average | 50.716 % | £72,017 | £214,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £208,651 | £205,000 | 14 CHURCHILL ROAD |
| 25 Aug 2023 | £232,030 | £230,000 | 107 SPENCER STREET |
| 21 Jul 2023 | £243,274 | £240,000 | 111 SPENCER STREET |
| 30 Jun 2023 | £234,845 | £232,000 | 6 KNOWSLEY ROAD |
| 28 Apr 2023 | £247,667 | £245,000 | 118 SPENCER STREET |
This house has a floor area of 71 sq meters or 770 sq feet when measured on 17 Sep 2009. Using an estimated price of £226,810 means this house is valued at £3,168 per sq meter (£294 per sq foot).
The average size of a house on SPENCER STREET is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Knowsley Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Knowsley Road |
| Mar 2024 | Other theft | Under investigation | On or near Northcote Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Northcote Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Northcote Road |