£262,400
This estimated value is based upon the latest sale price for the house of £56,450 on 29 May 1998. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £56,450 | 29 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 1998 the House Price Index for NORFOLK was 31.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 364.838%.Applying this 364.838% change to the original purchase price of £56,450 results in an estimated price of approximately £262,400.
| 29 May 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 146.7 | 364.838 % | £56,450 | £205,950 | £262,400 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | 206.737 % | £116,702 | £173,152 |
| 3 Month Average | 298.878 % | £168,716 | £225,166 |
| 6 Month Average | 334.186 % | £188,648 | £245,098 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Mar 2019.
The average size of a house on RAYNHAM RIDE is 87 sq meters (943 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Acorn Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Way |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Acorn Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Normandy Drive |