£272,551
This estimated value is based upon the latest sale price for the house of £167,750 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Eastern Avenue
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| Price Paid | Date |
|---|---|
| £167,750 | 8 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2013 the House Price Index for NORFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £167,750 results in an estimated price of approximately £272,551.
| 8 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £167,750 | £104,801 | £272,551 |
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 | 107.714 % | £180,690 | £348,440 |
| 3 Month Average | 74.321 % | £124,672 | £292,422 |
| 6 Month Average | 48.983 % | £82,168 | £249,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £329,434 | £325,000 | 60 LAUNDRY LANE |
| 1 Mar 2023 | £262,473 | £260,000 | 14 EASTERN CLOSE |
| 13 Feb 2023 | £259,825 | £260,000 | 5 EASTERN AVENUE |
| 5 Jan 2023 | £246,837 | £248,000 | 20 EASTERN CRESCENT |
| 21 Jul 2022 | £179,483 | £179,000 | 82 LAUNDRY LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Oct 2013. Using an estimated price of £272,552 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on EASTERN AVENUE is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Eastern Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eastern Avenue |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Eastern Avenue |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Eastern Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastern Road |