£279,987
This estimated value is based upon the latest sale price for the house of £50,000 on 5 Jan 1996. 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 Mill Hill Road
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| Price Paid | Date |
|---|---|
| £50,000 | 5 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 1996 the House Price Index for NORFOLK was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 459.975%.Applying this 459.975% change to the original purchase price of £50,000 results in an estimated price of approximately £279,987.
| 5 Jan 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 459.975 % | £50,000 | £229,987 | £279,987 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 513.683 % | £256,841 | £306,841 |
| 3 Month Average | 470.441 % | £235,220 | £285,220 |
| 6 Month Average | 505.369 % | £252,684 | £302,684 |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 11 Nov 2015.
The average size of a house on MILL HILL ROAD is 140 sq meters (1,516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mill Hill Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grosvenor Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West Parade |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doris Road |