£295,247
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Mar 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £190,000 | 7 Mar 2014 |
| £173,000 | 3 Aug 2009 |
| £145,500 | 18 Feb 2005 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 March 2014 the House Price Index for NORFOLK was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £190,000 results in an estimated price of approximately £295,247.
| 7 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £190,000 | £105,247 | £295,247 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 63.982 % | £121,566 | £311,566 |
| 3 Month Average | 47.592 % | £90,424 | £280,424 |
| 6 Month Average | 53.169 % | £101,020 | £291,020 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 May 2013.
The average size of a house on HOBART CLOSE is 60 sq meters (646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near William Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warwick Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Close |
| Jan 2024 | Anti-social behaviour | On or near Willow Close |