£349,321
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Nov 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 28 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 November 2013 the House Price Index for NORFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £215,000 results in an estimated price of approximately £349,321.
| 28 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £215,000 | £134,321 | £349,321 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 107.714 % | £231,585 | £446,585 |
| 3 Month Average | 74.321 % | £159,789 | £374,789 |
| 6 Month Average | 48.983 % | £105,313 | £320,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £235,031 | £232,500 | 1 FURZE AVENUE |
| 3 Feb 2023 | £234,842 | £235,000 | 51 FURZE ROAD |
| 17 Jan 2023 | £353,336 | £355,000 | 132 FURZE ROAD |
| 19 Aug 2022 | £344,074 | £345,000 | 4 FURZE AVENUE |
| 21 Jul 2022 | £365,985 | £365,000 | 200 THUNDER LANE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 29 Jan 2015. Using an estimated price of £349,321 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on THUNDER LANE is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Furze Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Furze Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Furze Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Broom Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Broom Avenue |