£358,837
This estimated value is based upon the latest sale price for the house of £105,000 on 26 Apr 2001. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £105,000 | 26 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 April 2001 the House Price Index for NORFOLK was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £105,000 results in an estimated price of approximately £358,837.
| 26 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £105,000 | £253,837 | £358,837 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 266.947 % | £280,294 | £385,294 |
| 3 Month Average | 256.201 % | £269,010 | £374,010 |
| 6 Month Average | 270.822 % | £284,363 | £389,363 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 4 Dec 2014.
The average size of a house on MEADOW ROAD is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Vale |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillvue Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ottaway Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Swindells Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Hill Crest |