£340,795
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Jul 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 5 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2018 the House Price Index for NORFOLK was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £275,000 results in an estimated price of approximately £340,795.
| 5 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £275,000 | £65,795 | £340,795 |
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 | 23.314 % | £64,113 | £339,113 |
| 3 Month Average | 29.561 % | £81,293 | £356,293 |
| 6 Month Average | 17.472 % | £48,048 | £323,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £177,630 | £175,000 | 7 JUNIPER CLOSE |
| 22 Sep 2023 | £98,763 | £97,500 | 30 JUNIPER CLOSE |
| 4 Sep 2023 | £341,365 | £337,000 | 22 ROSECROFT WAY |
| 24 Jul 2023 | £204,756 | £202,000 | 3 HONEYSUCKLE CLOSE |
| 1 Nov 2022 | £197,606 | £200,000 | 8 BLACKTHORN CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Apr 2018. Using an estimated price of £340,795 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on ROSECROFT WAY is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Caraway Road |
| Jan 2024 | Anti-social behaviour | On or near Coriander Drive | |
| Jan 2024 | Anti-social behaviour | On or near Coriander Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coriander Drive |
| Jan 2024 | Anti-social behaviour | On or near Coriander Drive |