£194,642
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Apr 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Apr 2014 |
| £38,500 | 7 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2014 the House Price Index for NORFOLK was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £125,000 results in an estimated price of approximately £194,642.
| 9 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £125,000 | £69,642 | £194,642 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | -3.799 % | £-4,748 | £120,251 |
| 3 Month Average | 34.793 % | £43,491 | £168,491 |
| 6 Month Average | 43.615 % | £54,519 | £179,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £239,185 | £235,000 | 9 GORSE CLOSE |
| 18 Dec 2023 | £325,699 | £320,000 | 1 GORSE CLOSE |
| 8 Sep 2023 | £177,267 | £175,000 | 25 WAPLES WAY |
| 30 Aug 2023 | £297,604 | £295,000 | 2 LADISLAW WAY |
| 28 Jul 2023 | £293,956 | £290,000 | 116 MIDDLEMARCH ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Feb 2014. Using an estimated price of £194,642 means this house is valued at £2,402 per sq meter (£223 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bayfield Avenue |
| Jan 2024 | Anti-social behaviour | On or near Bayfield Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Bayfield Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bayfield Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bayfield Avenue |