£292,451
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£240,000 | 27 Feb 2020 |
£240,000 | 27 Feb 2020 |
£229,950 | 18 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £240,000 results in an estimated price of approximately £292,451.
27 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.855 % | £240,000 | £52,451 | £292,451 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 87.164 % | £209,193 | £449,193 |
3 Month Average | 8.330 % | £19,992 | £259,992 |
6 Month Average | 11.738 % | £28,170 | £268,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £275,207 | £270,000 | 2 MAYFIELD AVENUE |
25 Aug 2023 | £301,835 | £300,000 | 66 CROMER ROAD |
11 Aug 2023 | £271,652 | £270,000 | 39 EVERSLEY ROAD |
23 Jun 2023 | £272,207 | £270,000 | 51 SILK MILL ROAD |
1 Sep 2022 | £173,885 | £176,000 | 62 SILK MILL ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 Aug 2018. Using an estimated price of £292,452 means this house is valued at £3,701 per sq meter (£343 per sq foot).
The average size of a house on SILK MILL ROAD is 90 sq meters (974 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silk Mill Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silk Mill Road |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Silk Mill Road |
Apr 2024 | Other crime | Under investigation | On or near Silk Mill Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Road |