£118,540
This estimated value is based upon the latest sale price for the house of £74,250 on 13 Jun 2008. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £74,250 | 13 Jun 2008 |
| £14,000 | 13 Oct 1997 |
| £10,250 | 21 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 June 2008 the House Price Index for NORFOLK was 91.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 59.651%.Applying this 59.651% change to the original purchase price of £74,250 results in an estimated price of approximately £118,540.
| 13 Jun 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 146.7 | 59.651 % | £74,250 | £44,290 | £118,540 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 66.127 % | £49,099 | £123,349 |
| 3 Month Average | 40.129 % | £29,795 | £104,045 |
| 6 Month Average | 49.130 % | £36,479 | £110,729 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 6 Dec 2021.
The average size of a house on FIVE ELMS is 89 sq meters (962 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ploughman Road |