£141,006
This estimated value is based upon the latest sale price for the house of £82,500 on 22 Mar 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£82,500 | 22 Mar 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 543 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 2012 the House Price Index for NORFOLK was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £82,500 results in an estimated price of approximately £141,006.
22 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.6 | 70.916 % | £82,500 | £58,506 | £141,006 |
The Postcode Pricing Model uses changes in average sales price within the IP22 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 | 100.699 % | £83,076 | £165,576 |
3 Month Average | 95.905 % | £79,121 | £161,621 |
6 Month Average | 70.410 % | £58,088 | £140,588 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £379,857 | £375,000 | 27 HEYWOOD AVENUE |
2 Aug 2023 | £514,501 | £510,000 | 12 SUNNYSIDE |
12 Apr 2023 | £341,679 | £338,000 | 26 HEYWOOD AVENUE |
27 Jan 2023 | £403,101 | £405,000 | 10 HEYWOOD AVENUE |
27 Oct 2022 | £320,796 | £324,250 | 3 HEYWOOD AVENUE |
This house has a floor area of 50 sq meters or 543 sq feet when measured on 4 Aug 2011. Using an estimated price of £141,006 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on JENNINGS WAY is 64 sq meters (689 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Jennings Way |
Mar 2024 | Anti-social behaviour | On or near Williamson Close | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Pleasant |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Street |