£456,912
This estimated value is based upon the latest sale price for the house of £315,000 on 22 Apr 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £315,000 | 22 Apr 2015 |
| £77,750 | 21 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 April 2015 the House Price Index for NORFOLK was 101.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.052%.Applying this 45.052% change to the original purchase price of £315,000 results in an estimated price of approximately £456,912.
| 22 Apr 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 146.7 | 45.052 % | £315,000 | £141,912 | £456,912 |
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 | 74.495 % | £234,657 | £549,657 |
| 3 Month Average | 44.420 % | £139,923 | £454,923 |
| 6 Month Average | 50.714 % | £159,747 | £474,747 |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 10 Oct 2016.
The average size of a house on NORWICH ROAD is 130 sq meters (1,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Folly Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Folly Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Folly Gardens |
| Dec 2023 | Anti-social behaviour | On or near Folly Gardens | |
| Dec 2023 | Other crime | Under investigation | On or near Folly Gardens |