£286,628
This estimated value is based upon the latest sale price for the house of £228,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £228,000 | 21 Dec 2017 |
| £169,950 | 19 Jul 2013 |
| £145,250 | 12 Oct 2006 |
| £55,000 | 9 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2017 the House Price Index for NORFOLK was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £228,000 results in an estimated price of approximately £286,628.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £228,000 | £58,628 | £286,628 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 71.358 % | £162,697 | £390,697 |
| 3 Month Average | 35.306 % | £80,498 | £308,498 |
| 6 Month Average | 12.279 % | £27,995 | £255,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £213,415 | £216,000 | 24 LAUNDRY LANE |
| 29 Jul 2022 | £280,756 | £280,000 | 25 BIRKBECK WAY |
| 4 Feb 2022 | £249,065 | £237,500 | 44 DAVIDSON ROAD |
| 22 Dec 2021 | £223,382 | £208,500 | 54 CHARLES AVENUE |
| 16 Jul 2021 | £270,077 | £235,000 | 28 DAVIDSON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Oct 2013. Using an estimated price of £286,628 means this house is valued at £3,294 per sq meter (£306 per sq foot).
The average size of a house on THOMAS VERE ROAD is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thomas Vere Road |
| Feb 2024 | Public order | Under investigation | On or near Thomas Vere Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Thomas Vere Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |