£445,155
This estimated value is based upon the latest sale price for the house of £363,000 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£363,000 | 18 Oct 2019 |
Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 October 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £363,000 results in an estimated price of approximately £445,155.
18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £363,000 | £82,155 | £445,155 |
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 | 18.278 % | £66,350 | £429,350 |
3 Month Average | 5.711 % | £20,731 | £383,731 |
6 Month Average | 7.141 % | £25,923 | £388,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £299,025 | £295,000 | 45 MINOTAUR WAY |
21 Jun 2023 | £369,475 | £365,000 | 22 MINOTAUR WAY |
31 Mar 2023 | £289,730 | £287,000 | 30 MINOTAUR WAY |
11 Jan 2023 | £293,617 | £295,000 | 3 BRITANNIA WAY |
26 Aug 2022 | £284,235 | £285,000 | 38 ROYAL SOVEREIGN AVENUE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 7 Nov 2017. Using an estimated price of £445,155 means this house is valued at £3,157 per sq meter (£293 per sq foot).
The average size of a house on ROYAL SOVEREIGN AVENUE is 134 sq meters (1,448 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Royal Sovereign Avenue |
Mar 2024 | Vehicle crime | Under investigation | On or near Royal Sovereign Avenue |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Britannia Way |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Britannia Way |
Mar 2024 | Vehicle crime | Under investigation | On or near Orion Drive |