£381,678
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £375,000 | 7 Dec 2023 |
| Detached |
| Freehold |
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 December 2023 the House Price Index for NORFOLK was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £375,000 results in an estimated price of approximately £381,678.
| 7 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £375,000 | £6,678 | £381,678 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 159.178 % | £596,916 | £971,916 |
| 3 Month Average | 48.778 % | £182,916 | £557,916 |
| 6 Month Average | 6.940 % | £26,026 | £401,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £381,678 | £375,000 | 195 ORCHARD WAY |
| 26 Sep 2023 | £238,044 | £235,000 | 98 ORCHARD WAY |
| 19 Jul 2023 | £309,161 | £305,000 | 25A BACK LANE |
| 30 Jun 2023 | £248,004 | £245,000 | 76 ORCHARD WAY |
| 15 Jun 2023 | £222,698 | £220,000 | 169 ORCHARD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ogden Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ogden Close |
| Jan 2024 | Vehicle crime | Suspect charged as part of another case | On or near Ogden Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ogden Close |
| Feb 2024 | Anti-social behaviour | On or near Back Lane |