£1,685,207
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Jun 2024. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 7 Jun 2024 |
| £155,000 | 11 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 2024 the House Price Index for NORFOLK was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £275,000 results in an estimated price of approximately £1,685,207.
| 7 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £275,000 | £1,410,207 | £1,685,207 |
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 | 32.094 % | £88,258 | £363,258 |
| 3 Month Average | 9.885 % | £27,183 | £302,183 |
| 6 Month Average | -1.897 % | £-5,215 | £269,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £207,500 | £207,500 | 124 SILVER ROAD |
| 30 Nov 2023 | £217,009 | £211,500 | 9 CHURCHILL ROAD |
| 28 Sep 2023 | £214,734 | £210,000 | 62 SILVER ROAD |
| 31 Aug 2023 | £260,702 | £256,000 | 118 SILVER ROAD |
| 29 Jun 2023 | £157,149 | £154,000 | 84 SILVER ROAD |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 7 Nov 2011.
The average size of a house on SILVER ROAD is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Silver Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crome Road |
| Aug 2024 | Anti-social behaviour | On or near Crome Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Crome Road |
| Jul 2024 | Anti-social behaviour | On or near Crome Road |