£539,002
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Apr 2012. 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 Newmarket Road
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| Price Paid | Date |
|---|---|
| £320,000 | 27 Apr 2012 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 995 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 2012 the House Price Index for NORFOLK was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £320,000 results in an estimated price of approximately £539,002.
| 27 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.438 % | £320,000 | £219,002 | £539,002 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 13.236 % | £42,353 | £362,353 |
| 3 Month Average | 34.605 % | £110,736 | £430,736 |
| 6 Month Average | 46.485 % | £148,752 | £468,752 |
This house has a floor area of 92 sq meters or 995 sq feet when measured on 29 Jul 2010.
The average size of a house on ELVEDEN CLOSE is 198 sq meters (2,134 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Newmarket Road |
| Feb 2024 | Burglary | Under investigation | On or near Newmarket Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cheyham Mount |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Nutfield Close |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Nutfield Close |