£342,334
This estimated value is based upon the latest sale price for the house of £280,000 on 1 Apr 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Heather Avenue
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| Price Paid | Date |
|---|---|
| £280,000 | 1 Apr 2020 |
| £280,000 | 15 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 April 2020 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £280,000 results in an estimated price of approximately £342,334.
| 1 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £280,000 | £62,334 | £342,334 |
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 | 67.507 % | £189,019 | £469,019 |
| 3 Month Average | 13.501 % | £37,801 | £317,801 |
| 6 Month Average | 12.196 % | £34,148 | £314,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £227,769 | £227,000 | 17 MERCHANT WAY |
| 15 Dec 2023 | £208,953 | £205,000 | 8 MERCHANT WAY |
| 22 Aug 2023 | £196,193 | £195,000 | 32 MERCHANT WAY |
| 18 Aug 2023 | £339,565 | £337,500 | 32 OVERBURY ROAD |
| 16 Jun 2023 | £347,820 | £345,000 | 11 OVERBURY ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 23 May 2016. Using an estimated price of £342,334 means this house is valued at £2,282 per sq meter (£212 per sq foot).
The average size of a house on REEPHAM ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Heather Avenue |
| Jan 2024 | Anti-social behaviour | On or near Heather Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Heather Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Heather Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Heather Avenue |