£323,305
This estimated value is based upon the latest sale price for the house of £268,500 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £268,500 | 31 Jan 2020 |
| £186,500 | 25 Jun 2009 |
| £238,000 | 24 Aug 2007 |
| £96,000 | 17 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2020 the House Price Index for NORFOLK was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £268,500 results in an estimated price of approximately £323,305.
| 31 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £268,500 | £54,805 | £323,305 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | -23.239 % | £-62,395 | £206,104 |
| 3 Month Average | 7.157 % | £19,217 | £287,717 |
| 6 Month Average | 13.940 % | £37,429 | £305,929 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 30 Sep 2019.
The average size of a house on REEPHAM ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Vera Road | |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Vera Road |
| Jan 2024 | Anti-social behaviour | On or near Vera Road | |
| Jan 2024 | Anti-social behaviour | On or near Vera Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Road |