£310,878
This estimated value is based upon the latest sale price for the house of £300,000 on 28 Mar 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 28 Mar 2022 |
| £185,500 | 19 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2022 the House Price Index for NORFOLK was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £300,000 results in an estimated price of approximately £310,878.
| 28 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £300,000 | £10,878 | £310,878 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 20.184 % | £60,552 | £360,552 |
| 3 Month Average | -3.388 % | £-10,164 | £289,835 |
| 6 Month Average | 3.492 % | £10,475 | £310,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £148,903 | £147,500 | 134 DESMOND DRIVE |
| 20 Jan 2023 | £148,301 | £149,000 | 257 THE PADDOCKS |
| 30 Nov 2022 | £159,073 | £161,000 | 136 DESMOND DRIVE |
| 10 Nov 2022 | £158,085 | £160,000 | 7 DUNWOOD DRIVE |
| 28 Mar 2022 | £310,879 | £300,000 | 14 AUSTIN WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Dec 2012. Using an estimated price of £310,879 means this house is valued at £3,454 per sq meter (£320 per sq foot).
The average size of a house on AUSTIN WAY is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Austin Way |
| Mar 2024 | Anti-social behaviour | On or near Ernest Drive | |
| Mar 2024 | Anti-social behaviour | On or near Ernest Drive | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Dunwood Drive |
| Apr 2024 | Anti-social behaviour | On or near Buxton Road |