£268,982
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 16 Nov 2023 |
| £232,000 | 12 Apr 2022 |
| £40,500 | 1 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2023 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £265,000 results in an estimated price of approximately £268,982.
| 16 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £265,000 | £3,982 | £268,982 |
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 | 9.360 % | £24,804 | £289,804 |
| 3 Month Average | -0.908 % | £-2,405 | £262,594 |
| 6 Month Average | -0.193 % | £-511 | £264,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £381,678 | £375,000 | 195 ORCHARD WAY |
| 24 Nov 2023 | £274,057 | £270,000 | 52 ROTHBURY ROAD |
| 16 Nov 2023 | £268,982 | £265,000 | 45 ROTHBURY ROAD |
| 1 Sep 2023 | £268,432 | £265,000 | 32 ROTHBURY ROAD |
| 13 Sep 2022 | £436,475 | £440,000 | 4 SMITHSON CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Feb 2020. Using an estimated price of £268,982 means this house is valued at £3,320 per sq meter (£308 per sq foot).
The average size of a house on ROTHBURY ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Rothbury Road | |
| Dec 2023 | Anti-social behaviour | On or near Rothbury Road | |
| Dec 2023 | Anti-social behaviour | On or near Rothbury Road | |
| Dec 2023 | Anti-social behaviour | On or near Rothbury Road | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ogden Close |