£408,050
This estimated value is based upon the latest sale price for the house of £247,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £247,000 | 31 May 2013 |
| £180,675 | 27 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 May 2013 the House Price Index for NORFOLK was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £247,000 results in an estimated price of approximately £408,050.
| 31 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £247,000 | £161,050 | £408,050 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 74.015 % | £182,818 | £429,818 |
| 3 Month Average | 50.496 % | £124,723 | £371,723 |
| 6 Month Average | 57.456 % | £141,916 | £388,916 |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 2 Oct 2014.
The average size of a house on VICTORY ROAD is 103 sq meters (1,109 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trafalgar Road |