£231,016
This estimated value is based upon the latest sale price for the house of £95,500 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £95,500 | 21 Feb 2003 |
| £35,000 | 10 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2003 the House Price Index for NORFOLK was 60.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 141.902%.Applying this 141.902% change to the original purchase price of £95,500 results in an estimated price of approximately £231,016.
| 21 Feb 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 146.7 | 141.902 % | £95,500 | £135,516 | £231,016 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 77.749 % | £74,249 | £169,749 |
| 3 Month Average | 69.987 % | £66,837 | £162,337 |
| 6 Month Average | 72.473 % | £69,211 | £164,711 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 May 2016.
The average size of a house on FLORENCE ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Florence Road |
| Feb 2024 | Robbery | Under investigation | On or near Beatrice Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Marion Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Marion Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill House Road |