£1,018,259
This estimated value is based upon the latest sale price for the house of £650,000 on 11 Apr 2008. 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 Newmarket Road
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| Price Paid | Date |
|---|---|
| £650,000 | 11 Apr 2008 |
| £362,500 | 21 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 311 sq meters or 3,347 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 April 2008 the House Price Index for NORFOLK was 93.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.655%.Applying this 56.655% change to the original purchase price of £650,000 results in an estimated price of approximately £1,018,259.
| 11 Apr 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 146.7 | 56.655 % | £650,000 | £368,259 | £1,018,259 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 15.794 % | £102,663 | £752,663 |
| 3 Month Average | 38.523 % | £250,399 | £900,399 |
| 6 Month Average | 31.691 % | £205,988 | £855,988 |
This house has a floor area of 311 sq meters or 3,347 sq feet when measured on 24 May 2012.
The average size of a house on NEWMARKET ROAD is 244 sq meters (2,634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Newmarket Road |
| Feb 2024 | Burglary | Under investigation | On or near Newmarket Road |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Turnberry |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Judges Walk |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Judges Walk |