£275,586
This estimated value is based upon the latest sale price for the house of £162,000 on 25 Oct 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£162,000 | 25 Oct 2010 |
£64,250 | 26 Nov 1997 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 October 2010 the House Price Index for NORFOLK was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £162,000 results in an estimated price of approximately £275,586.
25 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £162,000 | £113,586 | £275,586 |
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 | 89.501 % | £144,992 | £306,992 |
3 Month Average | 84.957 % | £137,630 | £299,630 |
6 Month Average | 72.569 % | £117,561 | £279,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £284,986 | £280,000 | 36 OLD CROXTON ROAD |
14 Sep 2023 | £253,238 | £250,000 | 17 WHEATACRES |
19 Jul 2023 | £228,070 | £225,000 | 34A VICARAGE ROAD |
1 Jun 2023 | £299,629 | £296,000 | 1 VICARAGE ROAD |
12 Aug 2022 | £145,608 | £146,000 | 11 VICARAGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 Sep 2021. Using an estimated price of £275,587 means this house is valued at £3,488 per sq meter (£324 per sq foot).
The average size of a house on WHEATACRES is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatacres |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatacres |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatacres |
Feb 2024 | Anti-social behaviour | On or near Vicarage Road | |
Feb 2024 | Anti-social behaviour | On or near Vicarage Road |