£178,116
This estimated value is based upon the latest sale price for the house of £175,000 on 20 Dec 2023. 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 Roman Way
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| Price Paid | Date |
|---|---|
| £175,000 | 20 Dec 2023 |
| £6,000 | 16 Dec 2022 |
| Leasehold |
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 December 2023 the House Price Index for NORFOLK was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £175,000 results in an estimated price of approximately £178,116.
| 20 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £175,000 | £3,116 | £178,116 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 28.219 % | £49,383 | £224,383 |
| 3 Month Average | 18.331 % | £32,078 | £207,078 |
| 6 Month Average | 5.277 % | £9,234 | £184,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £178,116 | £175,000 | 5 HILL FORT CLOSE |
| 29 Sep 2023 | £207,655 | £205,000 | 31 EDITH CAVELL CLOSE |
| 9 Aug 2023 | £428,751 | £425,000 | MAUVILLE SERVICING ST HELENS WAY |
| 13 Jun 2023 | £220,673 | £218,000 | 4 ANNA SEWELL CLOSE |
| 26 Apr 2023 | £1,718,503 | £1,700,000 | UNIT 6 BAIRD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Roman Way |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Roman Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Roman Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Way |