£570,738
This estimated value is based upon the latest sale price for the house of £425,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £425,000 | 26 May 2016 |
| £377,500 | 5 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 May 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £425,000 results in an estimated price of approximately £570,738.
| 26 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £425,000 | £145,738 | £570,738 |
The Postcode Pricing Model uses changes in average sales price within the IP22 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 | 14.282 % | £60,699 | £485,699 |
| 3 Month Average | 49.573 % | £210,687 | £635,687 |
| 6 Month Average | 35.896 % | £152,556 | £577,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £223,918 | £220,000 | 15 STANLEY ROAD |
| 30 Jun 2023 | £202,452 | £200,000 | 39 STANLEY ROAD |
| 14 Apr 2022 | £576,687 | £560,000 | 6 RIVERSIDE DENMARK STREET |
| 15 Feb 2022 | £518,055 | £494,000 | 80 DENMARK STREET |
| 29 Oct 2021 | £276,620 | £250,000 | 42 DENMARK STREET |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 8 Jan 2015. Using an estimated price of £570,739 means this house is valued at £4,106 per sq meter (£381 per sq foot).
The average size of a house on DENMARK STREET is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Wrens Close | |
| Jan 2024 | Anti-social behaviour | On or near Wrens Close | |
| Jan 2024 | Anti-social behaviour | On or near Wrens Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rackham Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denmark Street |