£329,098
This estimated value is based upon the latest sale price for the house of £295,000 on 24 May 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£295,000 | 24 May 2021 |
£200,000 | 18 Dec 2019 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 2021 the House Price Index for NORFOLK was 131.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.559%.Applying this 11.559% change to the original purchase price of £295,000 results in an estimated price of approximately £329,098.
24 May 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 146.7 | 11.559 % | £295,000 | £34,098 | £329,098 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 41.891 % | £123,579 | £418,579 |
3 Month Average | 20.718 % | £61,117 | £356,117 |
6 Month Average | 25.872 % | £76,322 | £371,322 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Aug 2019.
The average size of a house on CHERRYWOOD is 102 sq meters (1,104 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Needham Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pemberton Road |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pemberton Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Close |
Jan 2024 | Anti-social behaviour | On or near Wilderness Close |