£486,826
This estimated value is based upon the latest sale price for the house of £410,000 on 24 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£410,000 | 24 Sep 2020 |
£350,000 | 31 Jul 2015 |
£284,000 | 15 Apr 2010 |
£283,000 | 2 Jun 2006 |
£179,995 | 10 Oct 2001 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £410,000 results in an estimated price of approximately £486,826.
24 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £410,000 | £76,826 | £486,826 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 381.721 % | £1,565,056 | £1,975,056 |
3 Month Average | 42.742 % | £175,242 | £585,242 |
6 Month Average | 30.645 % | £125,642 | £535,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £293,756 | £290,000 | 28 WOOD AVENS WAY |
28 Nov 2022 | £145,241 | £147,000 | FLAT 2 3 WOOD AVENS WAY |
11 Aug 2022 | £209,436 | £210,000 | 21 WOOD AVENS WAY |
11 Aug 2022 | £209,436 | £210,000 | 23 WOOD AVENS WAY |
7 Jul 2022 | £327,883 | £327,000 | 4 PENNYCRESS DRIVE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 7 Jul 2020. Using an estimated price of £486,826 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on WOOD AVENS WAY is 123 sq meters (1,328 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Wood Avens Way |
Feb 2024 | Other crime | Awaiting court outcome | On or near Meadowsweet Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pennycress Drive |
Apr 2024 | Anti-social behaviour | On or near Herb Robert Glade | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Herb Robert Glade |