£349,006
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Jun 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£230,000 | 13 Jun 2014 |
£186,995 | 10 Feb 2012 |
Terraced |
Freehold |
Floor Area: 124 sq meters or 1,338 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 June 2014 the House Price Index for NORFOLK was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £230,000 results in an estimated price of approximately £349,006.
13 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 146.7 | 51.742 % | £230,000 | £119,006 | £349,006 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 52.363 % | £120,435 | £350,435 |
3 Month Average | 50.174 % | £115,399 | £345,399 |
6 Month Average | 52.555 % | £120,877 | £350,877 |
This house has a floor area of 124 sq meters or 1,338 sq feet when measured on 16 Jan 2012.
The average size of a house on LORD NELSON DRIVE is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lord Nelson Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lord Nelson Drive |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lord Nelson Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lord Nelson Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Lord Nelson Drive |