£271,523
This estimated value is based upon the latest sale price for the house of £222,500 on 31 May 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £222,500 | 31 May 2019 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £222,500 results in an estimated price of approximately £271,523.
| 31 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £222,500 | £49,023 | £271,523 |
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 | -1.067 % | £-2,373 | £220,126 |
| 3 Month Average | 15.448 % | £34,372 | £256,872 |
| 6 Month Average | 12.476 % | £27,758 | £250,258 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Dec 2018.
The average size of a house on ELM CLOSE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tinkers Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tinkers Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallard End |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Willow Road |
| Feb 2024 | Anti-social behaviour | On or near Willow Road |