£247,447
This estimated value is based upon the latest sale price for the house of £135,000 on 27 Mar 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £135,000 | 27 Mar 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 2009 the House Price Index for NORFOLK was 80.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.294%.Applying this 83.294% change to the original purchase price of £135,000 results in an estimated price of approximately £247,447.
| 27 Mar 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 146.7 | 83.294 % | £135,000 | £112,447 | £247,447 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 74.963 % | £101,200 | £236,200 |
| 3 Month Average | 64.967 % | £87,705 | £222,705 |
| 6 Month Average | 84.282 % | £113,780 | £248,780 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Mar 2019.
The average size of a house on BANISTER WAY is 74 sq meters (806 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Banister Way | |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Poynt Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Northfield Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Frogshall Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Melton Gate |