£309,169
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 18 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £250,000 results in an estimated price of approximately £309,169.
| 18 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £250,000 | £59,169 | £309,169 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 64.026 % | £160,063 | £410,063 |
| 3 Month Average | 26.744 % | £66,859 | £316,859 |
| 6 Month Average | 52.758 % | £131,894 | £381,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £375,560 | £370,000 | 2 PINE CLOSE |
| 1 Sep 2023 | £124,593 | £123,000 | 10 HOLLY COURT |
| 4 Jul 2023 | £380,116 | £375,000 | 3 WOODLANDS |
| 31 Mar 2023 | £499,708 | £495,000 | 20 WOODLANDS |
| 27 Jan 2023 | £125,409 | £126,000 | 8 HOLLY COURT |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 15 Oct 2018. Using an estimated price of £309,170 means this house is valued at £2,810 per sq meter (£261 per sq foot).
The average size of a house on WILLOW WALK is 178 sq meters (1,918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Lime Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Close |