£298,882
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Jun 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 10 Jun 2020 |
| £202,500 | 10 May 2013 |
| £198,000 | 5 May 2010 |
| £95,995 | 25 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 June 2020 the House Price Index for NORFOLK was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £250,000 results in an estimated price of approximately £298,882.
| 10 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £250,000 | £48,882 | £298,882 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | 1.427 % | £3,567 | £253,567 |
| 3 Month Average | 18.650 % | £46,624 | £296,624 |
| 6 Month Average | 16.258 % | £40,646 | £290,646 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 12 Mar 2020.
The average size of a house on WALLACE CLOSE is 154 sq meters (1,662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitchell Close |
| Mar 2024 | Anti-social behaviour | On or near Powell Court | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stilwell Drive |
| Mar 2024 | Other crime | Under investigation | On or near Macarthur Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macarthur Drive |