£225,083
This estimated value is based upon the latest sale price for the house of £155,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £155,000 | 19 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2015 the House Price Index for NORFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £155,000 results in an estimated price of approximately £225,083.
| 19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £155,000 | £70,083 | £225,083 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 72.583 % | £112,503 | £267,503 |
| 3 Month Average | 54.396 % | £84,314 | £239,314 |
| 6 Month Average | 37.548 % | £58,199 | £213,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £136,191 | £135,000 | 19 SKELTON ROAD |
| 14 Feb 2023 | £281,810 | £282,000 | 78 ORCHARD CLOSE |
| 5 Oct 2022 | £223,593 | £226,000 | 80 SKELTON ROAD |
| 30 Jun 2022 | £367,189 | £362,000 | 3 PLUMSTEAD ROAD EAST |
| 25 Mar 2022 | £528,494 | £510,000 | 6 PLUMSTEAD ROAD EAST |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Jan 2016. Using an estimated price of £225,083 means this house is valued at £2,885 per sq meter (£268 per sq foot).
The average size of a house on ORCHARD CLOSE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vancouver Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vancouver Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Skelton Road |
| Mar 2024 | Robbery | Under investigation | On or near Skelton Road |