£216,174
This estimated value is based upon the latest sale price for the house of £162,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£162,000 | 28 Oct 2016 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 October 2016 the House Price Index for NORFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £162,000 results in an estimated price of approximately £216,174.
28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £162,000 | £54,174 | £216,174 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 11.535 % | £18,687 | £180,687 |
3 Month Average | 21.324 % | £34,544 | £196,544 |
6 Month Average | 31.810 % | £51,531 | £213,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £169,472 | £168,000 | 74 MORLEYS LEET |
14 Mar 2024 | £172,653 | £170,000 | 87 MORLEYS LEET |
7 Dec 2023 | £85,115 | £82,500 | 19 THE PORTWAY |
25 Sep 2023 | £48,059 | £47,000 | 4 THE PORTWAY |
25 Aug 2023 | £174,141 | £171,000 | 76 MORLEYS LEET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 May 2015. Using an estimated price of £216,175 means this house is valued at £2,668 per sq meter (£247 per sq foot).
The average size of a house on MORLEYS LEET is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Portway |
Jul 2024 | Drugs | Local resolution | On or near The Portway |
May 2024 | Anti-social behaviour | On or near The Portway | |
May 2024 | Anti-social behaviour | On or near The Portway | |
May 2024 | Other crime | Awaiting court outcome | On or near The Portway |