£281,189
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 18 Dec 2020 |
| £150,000 | 17 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £245,000 results in an estimated price of approximately £281,189.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £245,000 | £36,189 | £281,189 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 58.950 % | £144,427 | £389,427 |
| 3 Month Average | 21.384 % | £52,390 | £297,390 |
| 6 Month Average | 4.532 % | £11,103 | £256,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £295,164 | £290,000 | 37B CROMWELL ROAD |
| 30 Jun 2023 | £318,862 | £315,000 | 84 CROMWELL ROAD |
| 21 Jun 2023 | £258,127 | £255,000 | 59 CROMWELL ROAD |
| 28 Apr 2023 | £293,156 | £290,000 | 10 FAIRSTEAD ROAD |
| 29 Jul 2022 | £365,985 | £365,000 | 61 CROMWELL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Jan 2020. Using an estimated price of £281,190 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on CROMWELL ROAD is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Lambert Road | |
| Dec 2023 | Anti-social behaviour | On or near Lambert Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambert Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambert Road |
| Dec 2023 | Anti-social behaviour | On or near Lambert Road |