£316,339
This estimated value is based upon the latest sale price for the house of £310,000 on 19 Jun 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£310,000 | 19 Jun 2023 |
£285,000 | 8 Aug 2019 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2023 the House Price Index for NORFOLK was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £310,000 results in an estimated price of approximately £316,339.
19 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £310,000 | £6,339 | £316,339 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 57.649 % | £178,710 | £488,710 |
3 Month Average | 26.758 % | £82,950 | £392,950 |
6 Month Average | 3.252 % | £10,080 | £320,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £316,339 | £310,000 | 75 MOUNTERGATE |
16 Jun 2023 | £589,310 | £577,500 | 15 BALTIC WHARF |
20 Sep 2022 | £299,800 | £300,000 | 73A MOUNTERGATE |
20 Sep 2022 | £299,800 | £300,000 | 73B MOUNTERGATE |
24 Jun 2022 | £153,276 | £150,000 | 5 EASTBOURNE PLACE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Nov 2018. Using an estimated price of £316,339 means this house is valued at £4,004 per sq meter (£372 per sq foot).
There is one other house on the street which we know the size of, this is 73C MOUNTERGATE it is 88.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Mountergate |
May 2024 | Drugs | Local resolution | On or near Mountergate |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mountergate |
Apr 2024 | Anti-social behaviour | On or near Mountergate | |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mountergate |