£187,077
This estimated value is based upon the latest sale price for the house of £189,500 on 22 Feb 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £189,500 | 22 Feb 2023 |
| £150,000 | 8 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2023 the House Price Index for NORFOLK was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £189,500 results in an estimated price of approximately £187,077.
| 22 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £189,500 | £-2,422 | £187,077 |
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 | -23.238 % | £-44,035 | £145,464 |
| 3 Month Average | -32.276 % | £-61,162 | £128,337 |
| 6 Month Average | -31.868 % | £-60,389 | £129,110 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Oct 2019.
The average size of a house on WELLINGTON ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Wellington Road |
| Mar 2024 | Robbery | Under investigation | On or near Wellington Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Road |
| Dec 2023 | Drugs | Under investigation | On or near Wellington Road |