£474,881
This estimated value is based upon the latest sale price for the house of £319,570 on 21 Jan 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £319,570 | 21 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2015 the House Price Index for NORFOLK was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £319,570 results in an estimated price of approximately £474,881.
| 21 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £319,570 | £155,311 | £474,881 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 28.946 % | £92,502 | £412,072 |
| 3 Month Average | 47.278 % | £151,085 | £470,655 |
| 6 Month Average | 40.091 % | £128,117 | £447,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £136,655 | £135,000 | 10 BRECKLAND HOUSE CHURCH ROAD |
| 17 Mar 2023 | £232,188 | £230,000 | 7 ST EDMUNDS TERRACE |
| 7 Jul 2022 | £982,645 | £980,000 | THE ROSERY BEXWELL ROAD |
| 31 Jan 2022 | £152,073 | £144,500 | APARTMENT 4 ADMIRAL NELSON COURT HOWDALE ROAD |
| 21 Jan 2022 | £143,127 | £136,000 | 20 BEXWELL ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 16 Oct 2014. Using an estimated price of £474,881 means this house is valued at £3,652 per sq meter (£339 per sq foot).
The average size of a house on THE TOWERS is 192 sq meters (2,066 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Towers |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Towers |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near The Towers |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Towers |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Court Gardens |