£294,588
This estimated value is based upon the latest sale price for the house of £172,500 on 31 Jan 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£172,500 | 31 Jan 2013 |
£68,500 | 6 Mar 1998 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 January 2013 the House Price Index for NORFOLK was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £172,500 results in an estimated price of approximately £294,588.
31 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £172,500 | £122,088 | £294,588 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 198.285 % | £342,042 | £514,542 |
3 Month Average | 61.396 % | £105,908 | £278,408 |
6 Month Average | 51.962 % | £89,634 | £262,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £332,724 | £322,500 | 49 SPRINGFIELDS |
31 Mar 2023 | £300,010 | £295,000 | 14 BLUEBELL CLOSE |
16 Feb 2023 | £269,299 | £267,500 | 1 TULIP CLOSE |
22 Feb 2022 | £390,889 | £370,000 | 4 SHEPPARD WAY |
17 Dec 2021 | £280,620 | £260,000 | 20 SPRINGFIELDS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Sep 2012. Using an estimated price of £294,589 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on SPRINGFIELDS is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Heather Close | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Drive |
Jun 2024 | Vehicle crime | Under investigation | On or near Chapel Road |