£127,869
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Sep 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£70,000 | 6 Sep 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 530 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 September 2005 the House Price Index for NORFOLK was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £70,000 results in an estimated price of approximately £127,869.
6 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 148.6 | 82.671 % | £70,000 | £57,869 | £127,869 |
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 | 15.652 % | £10,956 | £80,956 |
3 Month Average | 53.503 % | £37,452 | £107,452 |
6 Month Average | 60.352 % | £42,246 | £112,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £121,554 | £120,000 | 14 OLDFIELD COURT |
15 Sep 2023 | £121,554 | £120,000 | 6 THEATRE STREET |
31 Mar 2023 | £77,732 | £77,000 | 16 OLDFIELD COURT |
22 Feb 2023 | £189,373 | £189,500 | 21 WELLINGTON ROAD |
1 Jun 2022 | £105,491 | £104,000 | SECOND FLOOR FLAT 32 MARKET PLACE |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 22 Jul 2009. Using an estimated price of £127,870 means this house is valued at £2,596 per sq meter (£241 per sq foot).
The average size of a house on WELLINGTON ROAD is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Nicholas Street |
Mar 2024 | Anti-social behaviour | On or near St Nicholas Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Street |
Mar 2024 | Public order | Awaiting court outcome | On or near St Nicholas Street |
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near St Nicholas Street |