£171,718
This estimated value is based upon the latest sale price for the house of £160,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 2 Sep 2021 |
| £135,000 | 26 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2021 the House Price Index for NORFOLK was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £160,000 results in an estimated price of approximately £171,718.
| 2 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £160,000 | £11,718 | £171,718 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 29.788 % | £47,661 | £207,661 |
| 3 Month Average | 14.545 % | £23,272 | £183,272 |
| 6 Month Average | 6.443 % | £10,308 | £170,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £63,705 | £62,500 | 20 ST NICHOLAS CLOSE |
| 21 Apr 2023 | £201,498 | £200,000 | LATTICE HOUSE CHAPEL STREET |
| 10 Mar 2023 | £56,304 | £56,000 | 4 ST NICHOLAS CLOSE |
| 3 Feb 2023 | £248,823 | £250,000 | 119 NORFOLK STREET |
| 12 Sep 2022 | £207,477 | £210,000 | 24 PILOT STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Jul 2013. Using an estimated price of £171,719 means this house is valued at £1,951 per sq meter (£181 per sq foot).
The average size of a house on PILOT STREET is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Pilot Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near North Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Street |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Albert Street |