£272,740
This estimated value is based upon the latest sale price for the house of £212,500 on 2 Feb 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £212,500 | 2 Feb 2017 |
| £63,000 | 26 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 2017 the House Price Index for NORFOLK was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £212,500 results in an estimated price of approximately £272,740.
| 2 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £212,500 | £60,240 | £272,740 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 27.429 % | £58,286 | £270,786 |
| 3 Month Average | 26.958 % | £57,285 | £269,785 |
| 6 Month Average | 21.973 % | £46,693 | £259,193 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 15 Jan 2014.
The average size of a house on GRIMSHOE ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Willow Road |
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Launditch Crescent |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Short Drove |