£291,923
This estimated value is based upon the latest sale price for the house of £182,000 on 5 Nov 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £182,000 | 5 Nov 2013 |
| £179,995 | 29 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £182,000 results in an estimated price of approximately £291,923.
| 5 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £182,000 | £109,923 | £291,923 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 74.176 % | £135,000 | £317,000 |
| 3 Month Average | 51.836 % | £94,341 | £276,341 |
| 6 Month Average | 52.109 % | £94,838 | £276,838 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Aug 2014.
The average size of a house on PALMER WAY is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmer Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Downham Road |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Downham Road |