£418,319
This estimated value is based upon the latest sale price for the house of £345,500 on 20 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £345,500 | 20 Nov 2019 |
| £174,500 | 19 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £345,500 results in an estimated price of approximately £418,319.
| 20 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.076 % | £345,500 | £72,819 | £418,319 |
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 | 43.264 % | £149,476 | £494,976 |
| 3 Month Average | 11.567 % | £39,965 | £385,465 |
| 6 Month Average | 16.936 % | £58,512 | £404,012 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Aug 2019.
The average size of a house on BURROUGHS WAY is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burroughs Way |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Burroughs Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Browick Road |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Browick Road |