£144,518
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£120,000 | 3 Jul 2020 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 July 2020 the House Price Index for NORFOLK was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £120,000 results in an estimated price of approximately £144,518.
3 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £120,000 | £24,518 | £144,518 |
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 | 353.176 % | £423,811 | £543,811 |
3 Month Average | 67.499 % | £80,998 | £200,998 |
6 Month Average | 22.866 % | £27,439 | £147,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £169,711 | £166,500 | 41 BURDOCK CLOSE |
9 Jun 2023 | £312,534 | £310,000 | 44 BLACKTHORN ROAD |
14 Apr 2023 | £97,474 | £96,750 | 2 MONARCH CLOSE |
18 Jul 2022 | £507,314 | £508,000 | 8 GATEKEEPER CLOSE |
6 May 2022 | £238,546 | £235,000 | 18 MEADOWSWEET ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 3 Jul 2017. Using an estimated price of £144,518 means this house is valued at £2,258 per sq meter (£209 per sq foot).
The average size of a house on MONARCH CLOSE is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Monarch Close | |
Jan 2024 | Anti-social behaviour | On or near Monarch Close | |
Jan 2024 | Anti-social behaviour | On or near Monarch Close | |
Jan 2024 | Anti-social behaviour | On or near Monarch Close | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tortoishell Way |