£301,269
This estimated value is based upon the latest sale price for the house of £247,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £247,000 | 24 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2020 the House Price Index for NORFOLK was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £247,000 results in an estimated price of approximately £301,269.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £247,000 | £54,269 | £301,269 |
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 | 17.438 % | £43,071 | £290,071 |
| 3 Month Average | 18.201 % | £44,957 | £291,957 |
| 6 Month Average | 15.599 % | £38,530 | £285,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £328,243 | £322,500 | 49 SPRINGFIELDS |
| 26 Jul 2023 | £258,479 | £255,000 | 3 VIOLET CLOSE |
| 31 Mar 2023 | £297,806 | £295,000 | 14 BLUEBELL CLOSE |
| 16 Feb 2023 | £267,320 | £267,500 | 1 TULIP CLOSE |
| 22 Feb 2022 | £388,017 | £370,000 | 4 SHEPPARD WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Apr 2018. Using an estimated price of £301,269 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on SPRINGFIELDS is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Rosecroft | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosecroft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosecroft |
| Mar 2024 | Anti-social behaviour | On or near Rosecroft | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lavender Close |