£277,866
This estimated value is based upon the latest sale price for the house of £50,000 on 4 May 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Supermarket
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| Price Paid | Date |
|---|---|
| £50,000 | 4 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 1995 the House Price Index for NORFOLK was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 455.734%.Applying this 455.734% change to the original purchase price of £50,000 results in an estimated price of approximately £277,866.
| 4 May 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 455.734 % | £50,000 | £227,866 | £277,866 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 501.056 % | £250,528 | £300,528 |
| 3 Month Average | 495.010 % | £247,504 | £297,504 |
| 6 Month Average | 543.035 % | £271,517 | £321,517 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Sep 2016.
The average size of a house on UNTHANK ROAD is 114 sq meters (1,235 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |