£131,842
This estimated value is based upon the latest sale price for the house of £107,500 on 26 Nov 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £107,500 | 26 Nov 2019 |
| £85,000 | 9 Sep 2011 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 November 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £107,500 results in an estimated price of approximately £131,842.
| 26 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £107,500 | £24,342 | £131,842 |
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 | 43.264 % | £46,508 | £154,008 |
| 3 Month Average | 11.567 % | £12,434 | £119,934 |
| 6 Month Average | 16.936 % | £18,205 | £125,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £423,707 | £420,000 | 22 PRESTON AVENUE |
| 3 Jul 2023 | £311,695 | £307,500 | 38 PRESTON AVENUE |
| 27 Feb 2023 | £264,822 | £265,000 | 2 ABBEY ROAD |
| 25 Aug 2022 | £279,248 | £280,000 | 33 ABBEY ROAD |
| 30 Jun 2022 | £155,193 | £153,000 | 55 ABBEY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Mar 2015. Using an estimated price of £131,843 means this house is valued at £1,648 per sq meter (£153 per sq foot).
The average size of a house on ABBEY ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Preston Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westgate Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crane Meadow Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crane Meadow Way |