£367,222
This estimated value is based upon the latest sale price for the house of £298,000 on 20 Apr 2018. 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 Stanford Road
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| Price Paid | Date |
|---|---|
| £298,000 | 20 Apr 2018 |
| £240,000 | 1 May 2007 |
| £225,000 | 4 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2018 the House Price Index for NORFOLK was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £298,000 results in an estimated price of approximately £367,222.
| 20 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £298,000 | £69,222 | £367,222 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 19.103 % | £56,926 | £354,926 |
| 3 Month Average | 30.614 % | £91,229 | £389,229 |
| 6 Month Average | 20.366 % | £60,690 | £358,690 |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 29 May 2013.
The average size of a house on STANFORD ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Stanford Road |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Tottington Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sturston Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sturston Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sturston Close |