£261,937
This estimated value is based upon the latest sale price for the house of £210,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£210,000 | 18 May 2018 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 May 2018 the House Price Index for NORFOLK was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £210,000 results in an estimated price of approximately £261,937.
18 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £210,000 | £51,937 | £261,937 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 66.414 % | £139,468 | £349,468 |
3 Month Average | 29.428 % | £61,799 | £271,799 |
6 Month Average | 11.490 % | £24,128 | £234,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £216,897 | £215,000 | 60 VARVEL AVENUE |
8 Aug 2023 | £242,118 | £240,000 | 71 FALCON ROAD WEST |
28 Jul 2023 | £221,015 | £218,040 | 60 LINACRE AVENUE |
7 Jul 2023 | £228,070 | £225,000 | 77 FALCON ROAD WEST |
1 Feb 2023 | £275,814 | £276,000 | 46 VARVEL AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Oct 2017. Using an estimated price of £261,937 means this house is valued at £4,294 per sq meter (£398 per sq foot).
The average size of a house on VARVEL CLOSE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Varvel Close |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Varvel Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Falcon Mews |
Mar 2024 | Public order | Under investigation | On or near Blithe Meadow Court |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Linton Crescent |