£244,732
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 29 Jan 2018 |
| £165,950 | 11 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £195,000 results in an estimated price of approximately £244,732.
| 29 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £195,000 | £49,732 | £244,732 |
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 | 44.795 % | £87,349 | £282,349 |
| 3 Month Average | 17.903 % | £34,911 | £229,911 |
| 6 Month Average | 24.689 % | £48,143 | £243,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £316,763 | £312,500 | 18 BLAZEY DRIVE |
| 31 Oct 2022 | £316,591 | £320,000 | 16 ALBINI WAY |
| 11 Aug 2022 | £219,409 | £220,000 | 3 SKIPPING BLOCK ROW |
| 19 Jul 2022 | £315,850 | £315,000 | 24 CARPENTER CLOSE |
| 5 Jul 2022 | £247,175 | £246,510 | 1 SKIPPING BLOCK ROW |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 6 Jun 2014. Using an estimated price of £244,733 means this house is valued at £3,765 per sq meter (£349 per sq foot).
The average size of a house on ALBINI WAY is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Drive | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Feb 2024 | Anti-social behaviour | On or near The Drive | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenter Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carpenter Close |