£351,194
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Jun 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 15 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 June 2020 the House Price Index for NORFOLK was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £290,000 results in an estimated price of approximately £351,194.
| 15 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £290,000 | £61,194 | £351,194 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 5.552 % | £16,101 | £306,101 |
| 3 Month Average | 29.555 % | £85,709 | £375,709 |
| 6 Month Average | 37.001 % | £107,302 | £397,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £319,297 | £315,000 | 9 JOSIAH DRIVE |
| 9 Jun 2023 | £470,702 | £465,000 | 20 BENBOW ROAD |
| 1 Apr 2022 | £236,854 | £230,000 | 14 ETHELREDA DRIVE |
| 25 Feb 2022 | £319,852 | £305,000 | 36 BENBOW ROAD |
| 21 Feb 2022 | £194,008 | £185,000 | 17 BENBOW ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 27 Feb 2020. Using an estimated price of £351,194 means this house is valued at £2,295 per sq meter (£213 per sq foot).
The average size of a house on JOSIAH DRIVE is 146 sq meters (1,579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hatchett Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hatchett Way |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hatchett Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatchett Way |
| Jan 2024 | Anti-social behaviour | On or near Hatchett Way |