£181,004
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Old Town Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 18 Jul 2014 |
| £110,000 | 21 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 July 2014 the House Price Index for NORFOLK was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £120,000 results in an estimated price of approximately £181,004.
| 18 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £120,000 | £61,004 | £181,004 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 81.213 % | £97,456 | £217,456 |
| 3 Month Average | 49.973 % | £59,967 | £179,967 |
| 6 Month Average | 47.050 % | £56,460 | £176,460 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 6 Feb 2014.
The average size of a house on OLD TOWN CLOSE is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Old Town Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Town Close |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near High Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |