£349,497
This estimated value is based upon the latest sale price for the house of £279,950 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £279,950 | 27 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 July 2018 the House Price Index for NORFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £279,950 results in an estimated price of approximately £349,497.
| 27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £279,950 | £69,547 | £349,497 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | -1.251 % | £-3,503 | £276,446 |
| 3 Month Average | 17.022 % | £47,654 | £327,604 |
| 6 Month Average | 23.129 % | £64,750 | £344,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £280,624 | £275,000 | 8 BRETT WAY |
| 13 Feb 2023 | £291,950 | £290,000 | 14 MILLFIELDS |
| 3 Feb 2023 | £211,412 | £210,000 | 7 CROFTERS CLOSE |
| 6 Jun 2022 | £255,461 | £250,000 | 8 MAGNOLIA DRIVE |
| 10 Feb 2022 | £250,380 | £237,000 | 6 MORELLO COURT |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 20 Jul 2018. Using an estimated price of £349,498 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on ORCHARD CRESCENT is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marsh Lane |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Brett Way |
| Jun 2024 | Anti-social behaviour | On or near Brett Way | |
| Jun 2024 | Anti-social behaviour | On or near Brett Way | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galyon Road |