£469,615
This estimated value is based upon the latest sale price for the house of £379,995 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £379,995 | 16 Dec 2019 |
| £342,000 | 18 Oct 2019 |
| £342,000 | 12 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 December 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 23.585%.Applying this 23.585% change to the original purchase price of £379,995 results in an estimated price of approximately £469,615.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £379,995 | £89,620 | £469,615 |
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 | 5.450 % | £20,711 | £400,706 |
| 3 Month Average | 2.456 % | £9,332 | £389,327 |
| 6 Month Average | 18.458 % | £70,138 | £450,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £240,000 | £240,000 | 88 SILFIELD ROAD |
| 6 Nov 2023 | £287,293 | £280,000 | 18 SWALLOW DRIVE |
| 6 Oct 2023 | £230,229 | £225,000 | 14 SWALLOW DRIVE |
| 1 Aug 2023 | £295,327 | £290,000 | 5 ASPEN DRIVE |
| 6 Apr 2023 | £315,909 | £310,000 | 6 SWALLOW DRIVE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 24 Jan 2019. Using an estimated price of £469,615 means this house is valued at £3,330 per sq meter (£309 per sq foot).
The average size of a house on SWALLOW DRIVE is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Magpie Place |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Park Close |
| Jun 2024 | Anti-social behaviour | On or near Park Close | |
| Jun 2024 | Anti-social behaviour | On or near Park Close | |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Park Close |