£363,633
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Jan 2022. 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 Melrose Road
More crime details
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| Price Paid | Date |
|---|---|
| £350,000 | 28 Jan 2022 |
| £295,000 | 8 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2022 the House Price Index for NORFOLK was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £350,000 results in an estimated price of approximately £363,633.
| 28 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £350,000 | £13,633 | £363,633 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | -40.132 % | £-140,462 | £209,537 |
| 3 Month Average | -29.909 % | £-104,682 | £245,317 |
| 6 Month Average | -18.518 % | £-64,813 | £285,186 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Jul 2018.
The average size of a house on MELROSE ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Melrose Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Melrose Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Waldeck Road |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Waldeck Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Leopold Close |