£371,399
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £249,950 | 25 Sep 2014 |
| £77,042 | 4 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 September 2014 the House Price Index for NORFOLK was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £249,950 results in an estimated price of approximately £371,399.
| 25 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £249,950 | £121,449 | £371,399 |
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 | 56.878 % | £142,167 | £392,117 |
| 3 Month Average | 49.393 % | £123,459 | £373,409 |
| 6 Month Average | 44.213 % | £110,510 | £360,460 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 Oct 2014.
The average size of a house on FLAX CLOSE is 119 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Flax Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmer Way |
| Mar 2024 | Other theft | Under investigation | On or near Russell Close |