£398,594
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £325,000 | 29 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 November 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £325,000 results in an estimated price of approximately £398,594.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £325,000 | £73,594 | £398,594 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 58.160 % | £189,021 | £514,021 |
| 3 Month Average | 32.066 % | £104,213 | £429,213 |
| 6 Month Average | 10.631 % | £34,550 | £359,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £268,982 | £265,000 | 3 IRETON CLOSE |
| 1 Aug 2023 | £252,206 | £250,000 | 40 NASEBY WAY |
| 13 Feb 2023 | £317,286 | £317,500 | 22 NASEBY WAY |
| 25 Mar 2022 | £274,610 | £265,000 | 24 IRETON CLOSE |
| 15 Nov 2021 | £346,084 | £320,000 | 62 NASEBY WAY |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 22 Jul 2019. Using an estimated price of £398,595 means this house is valued at £2,693 per sq meter (£250 per sq foot).
The average size of a house on IRETON CLOSE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Naseby Way |
| Mar 2024 | Anti-social behaviour | On or near Newbury Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hopton Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hopton Close |