£392,389
This estimated value is based upon the latest sale price for the house of £69,950 on 20 Dec 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £69,950 | 20 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,160 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 December 1995 the House Price Index for NORFOLK was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 460.958%.Applying this 460.958% change to the original purchase price of £69,950 results in an estimated price of approximately £392,389.
| 20 Dec 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 460.958 % | £69,950 | £322,439 | £392,389 |
The Postcode Pricing Model uses changes in average sales price within the IP22 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 | 378.033 % | £264,434 | £334,384 |
| 3 Month Average | 428.771 % | £299,925 | £369,875 |
| 6 Month Average | 406.571 % | £284,396 | £354,346 |
This house has a floor area of 107 sq meters or 1,160 sq feet when measured on 7 Apr 2010.
The average size of a house on SCHOLARS WALK is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Pleasant |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Sunnyside |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Court |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Store Street |
| Dec 2023 | Anti-social behaviour | On or near Manor Gardens |