£194,641
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Nov 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 4 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2014 the House Price Index for NORFOLK was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £130,000 results in an estimated price of approximately £194,641.
| 4 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £130,000 | £64,641 | £194,641 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 56.752 % | £73,777 | £203,777 |
| 3 Month Average | 53.266 % | £69,245 | £199,245 |
| 6 Month Average | 34.519 % | £44,874 | £174,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £319,592 | £314,000 | 12 SPINNEY CLOSE |
| 26 Aug 2022 | £339,686 | £340,600 | 41 THORPE AVENUE |
| 24 Jun 2022 | £245,469 | £242,000 | 4 THORPE CLOSE |
| 21 Apr 2022 | £211,109 | £205,000 | 11 RING ROAD |
| 24 Jan 2022 | £273,637 | £260,010 | 10 CHARLES AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Nov 2015. Using an estimated price of £194,642 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on THORPE CLOSE is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brenda James Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brenda James Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brenda James Close |