£931,399
This estimated value is based upon the latest sale price for the house of £550,000 on 21 Jan 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £550,000 | 21 Jan 2011 |
| £575,000 | 10 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 508 sq meters or 5,468 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 January 2011 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.345%.Applying this 69.345% change to the original purchase price of £550,000 results in an estimated price of approximately £931,399.
| 21 Jan 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.345 % | £550,000 | £381,399 | £931,399 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | -25.330 % | £-139,315 | £410,684 |
| 3 Month Average | 23.209 % | £127,650 | £677,650 |
| 6 Month Average | 28.270 % | £155,487 | £705,487 |
This house has a floor area of 508 sq meters or 5,468 sq feet when measured on 24 Nov 2021.
The average size of a house on NEWMARKET ROAD is 244 sq meters (2,634 sq feet).
This house is the largest in the street with a floor area of 508 sq meters (5,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Poplar Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Newmarket Road |
| Feb 2024 | Other theft | Under investigation | On or near Newmarket Road |
| Jan 2024 | Anti-social behaviour | On or near Dacre Close | |
| Jan 2024 | Anti-social behaviour | On or near Dacre Close |