£428,750
This estimated value is based upon the latest sale price for the house of £425,000 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 31 Aug 2023 |
| £125,000 | 4 Feb 2005 |
| £60,000 | 9 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2023 the House Price Index for NORFOLK was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £425,000 results in an estimated price of approximately £428,750.
| 31 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £425,000 | £3,750 | £428,750 |
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 | 2.303 % | £9,785 | £434,785 |
| 3 Month Average | -6.354 % | £-27,003 | £397,996 |
| 6 Month Average | -12.855 % | £-54,635 | £370,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £248,682 | £245,000 | 12 WILLIAMSON CLOSE |
| 31 Aug 2023 | £428,751 | £425,000 | 11 FALCON ROAD EAST |
| 4 Aug 2023 | £211,853 | £210,000 | 12 PURLAND ROAD |
| 3 Apr 2023 | £212,286 | £210,000 | 117 SALHOUSE ROAD |
| 25 Mar 2023 | £222,092 | £220,000 | 48 BLITHEWOOD GARDENS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 Jun 2014. Using an estimated price of £428,751 means this house is valued at £5,228 per sq meter (£485 per sq foot).
The average size of a house on FALCON ROAD EAST is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Under investigation | On or near Finch Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finch Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Finch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Finch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Finch Close |