£389,438
This estimated value is based upon the latest sale price for the house of £305,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£305,000 | 29 Sep 2017 |
£250,000 | 18 Aug 2014 |
£225,000 | 5 May 2010 |
£226,000 | 14 Nov 2006 |
£139,995 | 20 Apr 2001 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 September 2017 the House Price Index for NORFOLK was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £305,000 results in an estimated price of approximately £389,438.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £305,000 | £84,438 | £389,438 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 7.262 % | £22,150 | £327,150 |
3 Month Average | 6.825 % | £20,815 | £325,815 |
6 Month Average | 29.001 % | £88,451 | £393,451 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £237,059 | £235,000 | 59 BURDOCK CLOSE |
27 Sep 2023 | £296,537 | £290,000 | 28 WOOD AVENS WAY |
28 Nov 2022 | £146,316 | £147,000 | FLAT 2 3 WOOD AVENS WAY |
11 Aug 2022 | £210,987 | £210,000 | 21 WOOD AVENS WAY |
11 Aug 2022 | £210,987 | £210,000 | 23 WOOD AVENS WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 27 Mar 2017. Using an estimated price of £389,439 means this house is valued at £3,416 per sq meter (£317 per sq foot).
The average size of a house on WOOD AVENS WAY is 123 sq meters (1,328 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Meadowsweet Road |
Apr 2024 | Anti-social behaviour | On or near Herb Robert Glade | |
Apr 2024 | Anti-social behaviour | On or near Herb Robert Glade | |
Apr 2024 | Anti-social behaviour | On or near Herb Robert Glade | |
Apr 2024 | Anti-social behaviour | On or near Herb Robert Glade |