£295,076
This estimated value is based upon the latest sale price for the house of £273,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £273,000 | 29 Jun 2021 |
| £265,000 | 11 Jun 2020 |
| £230,950 | 24 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2021 the House Price Index for NORFOLK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £273,000 results in an estimated price of approximately £295,076.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £273,000 | £22,076 | £295,076 |
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 | -6.353 % | £-17,343 | £255,656 |
| 3 Month Average | -7.827 % | £-21,367 | £251,632 |
| 6 Month Average | 0.640 % | £1,747 | £274,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £214,294 | £210,000 | 98 JECKYLL ROAD |
| 3 Mar 2023 | £386,454 | £380,000 | 7 DOVE AVENUE |
| 6 Feb 2023 | £175,170 | £174,000 | 2 BRIGGS MEAD |
| 18 Nov 2022 | £372,757 | £374,500 | 94 JECKYLL ROAD |
| 19 Jul 2022 | £318,188 | £315,000 | 24 CARPENTER CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 7 Jul 2016. Using an estimated price of £295,077 means this house is valued at £3,207 per sq meter (£297 per sq foot).
The average size of a house on REEVE WAY is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Dove Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Ollett Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ollett Court |
| Jul 2024 | Vehicle crime | Under investigation | On or near Ollett Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ollett Court |