£295,743
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Nov 2018 |
| £198,000 | 18 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £240,000 results in an estimated price of approximately £295,743.
| 12 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £240,000 | £55,743 | £295,743 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 14.985 % | £35,964 | £275,964 |
| 3 Month Average | 26.243 % | £62,983 | £302,983 |
| 6 Month Average | 16.295 % | £39,108 | £279,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £284,986 | £280,000 | 36 OLD CROXTON ROAD |
| 14 Sep 2023 | £253,238 | £250,000 | 17 WHEATACRES |
| 14 Jul 2023 | £159,142 | £157,000 | 1 CROWN HOUSE APARTMENTS OLD CROXTON ROAD |
| 12 Aug 2022 | £145,608 | £146,000 | 11 VICARAGE ROAD |
| 11 May 2022 | £181,418 | £178,000 | 32A VICARAGE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 May 2015. Using an estimated price of £295,744 means this house is valued at £4,051 per sq meter (£376 per sq foot).
The average size of a house on WHEATACRES is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatacres |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatacres |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatacres |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crown House Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crown House Close |