£254,366
This estimated value is based upon the latest sale price for the house of £220,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Ollett Court
More crime details
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Price Paid | Date |
---|---|
£220,000 | 3 Dec 2020 |
£192,950 | 21 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 December 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £220,000 results in an estimated price of approximately £254,366.
3 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £220,000 | £34,366 | £254,366 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | -1.583 % | £-3,483 | £216,516 |
3 Month Average | 4.690 % | £10,316 | £230,316 |
6 Month Average | 14.837 % | £32,641 | £252,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £386,454 | £380,000 | 7 DOVE AVENUE |
24 Feb 2023 | £251,681 | £250,000 | 15 CHAMBERLAIN RISE |
6 Feb 2023 | £175,170 | £174,000 | 2 BRIGGS MEAD |
19 Jul 2022 | £318,188 | £315,000 | 24 CARPENTER CLOSE |
29 Apr 2022 | £259,355 | £250,000 | 13 CHAMBERLAIN RISE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Oct 2016. Using an estimated price of £254,366 means this house is valued at £3,686 per sq meter (£342 per sq foot).
The average size of a house on REEVE WAY is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ollett Court |
Jul 2024 | Burglary | Under investigation | On or near Ollett Court |
Jul 2024 | Vehicle crime | Under investigation | On or near Ollett Court |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Ollett Court |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ollett Court |