£674,477
This estimated value is based upon the latest sale price for the house of £550,000 on 17 Oct 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £550,000 | 17 Oct 2019 |
| Detached |
| Freehold |
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 October 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £550,000 results in an estimated price of approximately £674,477.
| 17 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £550,000 | £124,477 | £674,477 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 23.462 % | £129,040 | £679,040 |
| 3 Month Average | 8.480 % | £46,641 | £596,641 |
| 6 Month Average | 18.528 % | £101,901 | £651,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £267,339 | £265,000 | HORSESHOE COTTAGE CHAPEL LANE |
| 14 Jul 2023 | £344,638 | £340,000 | 5 CANARY CLOSE |
| 2 Jun 2023 | £379,598 | £375,000 | 47 HEATH ROAD |
| 13 Apr 2023 | £384,136 | £380,000 | 41 HEATH ROAD |
| 23 Sep 2022 | £818,391 | £825,000 | 5 ALBATROSS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Meadow View |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Bishop Herbert Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishop Herbert Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishop Herbert Close |
| Dec 2023 | Anti-social behaviour | On or near Granary Close |