£196,993
This estimated value is based upon the latest sale price for the house of £45,000 on 30 Jun 1999. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £45,000 | 30 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 1999 the House Price Index for NORFOLK was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £45,000 results in an estimated price of approximately £196,993.
| 30 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £45,000 | £151,993 | £196,993 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 455.684 % | £205,057 | £250,057 |
| 3 Month Average | 350.755 % | £157,839 | £202,839 |
| 6 Month Average | 522.780 % | £235,250 | £280,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £124,593 | £123,000 | 10 HOLLY COURT |
| 18 Aug 2023 | £116,015 | £115,000 | 8 MALTHOUSE COURT |
| 4 Jul 2023 | £380,116 | £375,000 | 3 WOODLANDS |
| 22 Jun 2023 | £121,471 | £120,000 | 28 MALTHOUSE COURT |
| 31 Mar 2023 | £499,708 | £495,000 | 20 WOODLANDS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 12 Jan 2016. Using an estimated price of £196,993 means this house is valued at £1,712 per sq meter (£159 per sq foot).
The average size of a house on LONDON ROAD is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Court |
| Feb 2024 | Anti-social behaviour | On or near Malthouse Court | |
| Feb 2024 | Anti-social behaviour | On or near Malthouse Court |