£282,384
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 January 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £225,000 results in an estimated price of approximately £282,384.
| 30 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £225,000 | £57,384 | £282,384 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | -14.518 % | £-32,665 | £192,334 |
| 3 Month Average | 18.804 % | £42,310 | £267,310 |
| 6 Month Average | 17.664 % | £39,744 | £264,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £273,711 | £275,000 | 4 GEORGE HILL |
| 12 Oct 2022 | £321,538 | £325,000 | 4 THE WARREN |
| 17 May 2022 | £433,162 | £425,000 | 5 GRANGE CLOSE |
| 11 Aug 2021 | £276,673 | £248,000 | 13 WARREN CLOSE |
| 9 Aug 2021 | £401,622 | £360,000 | 2 LUCERNE CLOSE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 3 Nov 2017. Using an estimated price of £282,384 means this house is valued at £2,189 per sq meter (£203 per sq foot).
There is one other house on the street which we know the size of, this is 4 BEECHES CLOSE it is 171.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Grange Close |
| Mar 2024 | Other theft | Under investigation | On or near Lucerne Close |
| Feb 2024 | Anti-social behaviour | On or near Lucerne Close | |
| Feb 2024 | Anti-social behaviour | On or near Lucerne Close |