£248,806
This estimated value is based upon the latest sale price for the house of £207,500 on 12 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £207,500 | 12 Aug 2020 |
| £189,000 | 7 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £207,500 results in an estimated price of approximately £248,806.
| 12 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £207,500 | £41,306 | £248,806 |
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 | 56.745 % | £117,745 | £325,245 |
| 3 Month Average | 25.858 % | £53,655 | £261,155 |
| 6 Month Average | 6.282 % | £13,035 | £220,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £75,971 | £75,000 | 135 LAUREL COURT ARMSTRONG ROAD |
| 14 Jul 2023 | £233,138 | £230,000 | 34 FIRTREE ROAD |
| 10 Jul 2023 | £131,774 | £130,000 | 15 TRACEY ROAD |
| 13 Apr 2022 | £81,354 | £79,000 | 151 LAUREL COURT ARMSTRONG ROAD |
| 10 Mar 2022 | £284,972 | £275,000 | 1 PINE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Feb 2018. Using an estimated price of £248,806 means this house is valued at £4,013 per sq meter (£372 per sq foot).
The average size of a house on PINE ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tracey Road | |
| Feb 2024 | Anti-social behaviour | On or near Tracey Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tracey Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goodwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goodwood Close |