£224,611
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 23 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2011 the House Price Index for NORFOLK was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £130,000 results in an estimated price of approximately £224,611.
| 23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £130,000 | £94,611 | £224,611 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 121.353 % | £157,758 | £287,758 |
| 3 Month Average | 81.505 % | £105,956 | £235,956 |
| 6 Month Average | 59.236 % | £77,006 | £207,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £162,849 | £160,000 | 37 CHURCHFIELD GREEN |
| 7 Nov 2023 | £253,757 | £250,000 | 36 GORSE ROAD |
| 13 Sep 2023 | £311,989 | £308,000 | 49 GORSE ROAD |
| 17 Aug 2023 | £317,780 | £315,000 | 21 GORSE ROAD |
| 17 Feb 2023 | £209,859 | £210,000 | 26 CHURCHFIELD GREEN |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Oct 2013. Using an estimated price of £224,611 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on GORSE ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aerodrome Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aerodrome Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aerodrome Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Holmes Close |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Holmes Close |