£315,191
This estimated value is based upon the latest sale price for the house of £255,000 on 25 Sep 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £255,000 | 25 Sep 2019 |
| £175,000 | 23 Jun 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 954 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 2019 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £255,000 results in an estimated price of approximately £315,191.
| 25 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £255,000 | £60,191 | £315,191 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | -8.054 % | £-20,536 | £234,463 |
| 3 Month Average | 6.666 % | £16,998 | £271,998 |
| 6 Month Average | 13.136 % | £33,497 | £288,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £306,972 | £300,000 | 45 SILK MILL ROAD |
| 23 Jun 2023 | £275,521 | £270,000 | 51 SILK MILL ROAD |
| 1 Sep 2022 | £175,883 | £176,000 | 62 SILK MILL ROAD |
| 31 Mar 2022 | £240,105 | £230,000 | 8 SILK MILL ROAD |
| 7 Mar 2022 | £260,983 | £250,000 | 51 BRABAZON ROAD |
This house has a floor area of 88 sq meters or 954 sq feet when measured on 6 Jan 2010. Using an estimated price of £315,192 means this house is valued at £3,553 per sq meter (£330 per sq foot).
The average size of a house on WALDEMAR AVENUE is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Waldemar Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Waldemar Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Silk Mill Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silk Mill Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Silk Mill Road |