£378,455
This estimated value is based upon the latest sale price for the house of £337,500 on 15 Mar 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£337,500 | 15 Mar 2021 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 March 2021 the House Price Index for NORFOLK was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £337,500 results in an estimated price of approximately £378,455.
15 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 149.7 | 12.135 % | £337,500 | £40,955 | £378,455 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | 0.823 % | £2,777 | £340,277 |
3 Month Average | -19.637 % | £-66,273 | £271,226 |
6 Month Average | 18.185 % | £61,373 | £398,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £275,000 | £275,000 | 14 LOWES AVENUE |
29 Apr 2024 | £365,171 | £362,000 | 5 PEARSONS CLOSE |
14 Sep 2023 | £283,755 | £277,500 | 29 SWANN GROVE |
31 Aug 2023 | £269,867 | £265,000 | 47 HEMPSTEAD ROAD |
30 Jun 2023 | £262,766 | £257,500 | 23 SWANN GROVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Jul 2020. Using an estimated price of £378,455 means this house is valued at £4,730 per sq meter (£439 per sq foot).
The average size of a house on OLBY CLOSE is 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Orby Close | |
Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Orby Close |
Jun 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Orby Close |
Jun 2024 | Other crime | Under investigation | On or near Orby Close |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Orby Close |