£89,327
This estimated value is based upon the latest sale price for the house of £88,000 on 26 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£88,000 | 26 May 2022 |
£83,000 | 4 Aug 2017 |
£72,000 | 10 Dec 2015 |
£62,000 | 4 Feb 2011 |
Terraced |
Leasehold |
Floor Area: 62 sq meters or 667 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 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £88,000 results in an estimated price of approximately £89,327.
26 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.0 | 1.509 % | £88,000 | £1,327 | £89,327 |
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 | 230.666 % | £202,985 | £290,985 |
3 Month Average | 38.496 % | £33,876 | £121,876 |
6 Month Average | 11.548 % | £10,162 | £98,162 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £95,581 | £95,000 | 3 LOBELIA CLOSE |
13 Feb 2023 | £167,209 | £168,000 | 8 LOBELIA CLOSE |
16 Aug 2022 | £176,805 | £178,000 | 36 GREENLAND AVENUE |
8 Aug 2022 | £283,087 | £285,000 | 4 SALVIA CLOSE |
26 May 2022 | £89,328 | £88,000 | 14 LOBELIA CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Nov 2021. Using an estimated price of £89,328 means this house is valued at £1,440 per sq meter (£133 per sq foot).
The average size of a house on LOBELIA CLOSE is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clematis Way |
Apr 2024 | Burglary | Under investigation | On or near Salvia Close |
Apr 2024 | Public order | Under investigation | On or near Greenland Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenland Avenue |
Apr 2024 | Burglary | Under investigation | On or near Crocus Street |