£310,234
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Nov 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Nov 2011 |
| Detached |
| Freehold |
| Floor Area: 248 sq meters or 2,669 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 November 2011 the House Price Index for NORFOLK was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £180,000 results in an estimated price of approximately £310,234.
| 15 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £180,000 | £130,234 | £310,234 |
The Postcode Pricing Model uses changes in average sales price within the NR26 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 | 134.772 % | £242,590 | £422,590 |
| 3 Month Average | 88.134 % | £158,640 | £338,640 |
| 6 Month Average | 102.672 % | £184,809 | £364,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £497,363 | £490,000 | 5 NORFOLK ROAD |
| 18 Sep 2023 | £197,526 | £195,000 | FLAT 5 THE CROFT, 6 CROMER ROAD |
| 20 Jul 2023 | £162,183 | £160,000 | 13 MARRIOTTS WAY |
| 19 Aug 2022 | £267,281 | £268,000 | 4 POPPY LINE MEWS |
| 12 Aug 2022 | £156,579 | £157,000 | FLAT 2 2 HOOKS HILL ROAD |
This house has a floor area of 248 sq meters or 2,669 sq feet when measured on 7 Nov 2016. Using an estimated price of £310,234 means this house is valued at £1,250 per sq meter (£116 per sq foot).
The average size of a house on NORFOLK ROAD is 170 sq meters (1,834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Marriotts Way |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Marriotts Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |