£218,542
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Sep 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £140,000 | 5 Sep 2007 |
| £100,000 | 17 Dec 2004 |
| £44,500 | 3 Sep 1999 |
| £36,000 | 25 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 September 2007 the House Price Index for NORFOLK was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £140,000 results in an estimated price of approximately £218,542.
| 5 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £140,000 | £78,542 | £218,542 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 46.582 % | £65,214 | £205,214 |
| 3 Month Average | 61.486 % | £86,079 | £226,079 |
| 6 Month Average | 50.702 % | £70,982 | £210,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £195,900 | £193,000 | 123 ELM ROAD |
| 28 Sep 2023 | £182,331 | £180,000 | 19 OAK CLOSE |
| 11 Aug 2023 | £181,589 | £180,000 | 27 OAK CLOSE |
| 12 Aug 2022 | £194,477 | £195,000 | 111 ELM ROAD |
| 18 Jul 2022 | £130,953 | £130,600 | 131 ELM ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 Oct 2015. Using an estimated price of £218,542 means this house is valued at £1,917 per sq meter (£178 per sq foot).
The average size of a house on FIR ROAD is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oak Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oak Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oak Close |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Oak Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |