£415,285
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Jan 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 3 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 £260,000 results in an estimated price of approximately £415,285.
| 3 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £260,000 | £155,285 | £415,285 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | 116.689 % | £303,390 | £563,390 |
| 3 Month Average | 40.949 % | £106,468 | £366,468 |
| 6 Month Average | 63.656 % | £165,505 | £425,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £141,408 | £139,600 | FLAT 1 NELSON HOUSE, 3 - 5 AVENUE ROAD |
| 11 Sep 2023 | £374,792 | £370,000 | 17 NENE ROAD |
| 21 Aug 2023 | £453,971 | £450,000 | 36 PARK ROAD |
| 2 Jun 2023 | £271,286 | £268,000 | 6 MELTON DRIVE |
| 14 Apr 2023 | £176,905 | £175,000 | FLAT 6 NELSON HOUSE, 3 - 5 AVENUE ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 19 Mar 2013. Using an estimated price of £415,286 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on NENE ROAD is 110 sq meters (1,192 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nene Road |
| Apr 2024 | Anti-social behaviour | On or near Chiltern Crescent | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chiltern Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crescent Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crescent Lane |