£1,035,408
This estimated value is based upon the latest sale price for the house of £825,000 on 15 Jan 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £825,000 | 15 Jan 2018 |
| £425,000 | 16 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 January 2018 the House Price Index for NORFOLK was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £825,000 results in an estimated price of approximately £1,035,408.
| 15 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £825,000 | £210,408 | £1,035,408 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 66.480 % | £548,459 | £1,373,459 |
| 3 Month Average | 12.771 % | £105,364 | £930,364 |
| 6 Month Average | 15.897 % | £131,149 | £956,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £273,711 | £275,000 | 4 GEORGE HILL |
| 12 Oct 2022 | £321,538 | £325,000 | 4 THE WARREN |
| 17 May 2022 | £433,162 | £425,000 | 5 GRANGE CLOSE |
| 5 May 2022 | £229,321 | £225,000 | 95 SPIXWORTH ROAD |
| 29 Apr 2022 | £648,773 | £630,000 | 106 SPIXWORTH ROAD |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 2 Dec 2015. Using an estimated price of £1,035,409 means this house is valued at £4,260 per sq meter (£395 per sq foot).
The average size of a house on SPIXWORTH ROAD is 117 sq meters (1,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Warren |
| Mar 2024 | Other theft | Under investigation | On or near Lucerne Close |
| Feb 2024 | Anti-social behaviour | On or near Lucerne Close | |
| Feb 2024 | Anti-social behaviour | On or near Lucerne Close |