£348,435
This estimated value is based upon the latest sale price for the house of £206,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £206,000 | 7 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2012 the House Price Index for NORFOLK was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £206,000 results in an estimated price of approximately £348,435.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £206,000 | £142,435 | £348,435 |
The Postcode Pricing Model uses changes in average sales price within the IP22 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 | 44.662 % | £92,003 | £298,003 |
| 3 Month Average | 64.566 % | £133,006 | £339,006 |
| 6 Month Average | 49.713 % | £102,408 | £308,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £364,663 | £360,000 | 4 LAPWING CLOSE |
| 25 Aug 2023 | £262,295 | £260,000 | 18 PRINCE WILLIAM WAY |
| 31 Jan 2023 | £248,828 | £250,000 | 22 FRENZE HALL LANE |
| 21 Jun 2022 | £273,870 | £270,000 | 5 PRINCE WILLIAM WAY |
| 17 Jun 2022 | £263,727 | £260,000 | 21 KING GEORGE MEWS |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 4 Jul 2012. Using an estimated price of £348,436 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on PRINCE WILLIAM WAY is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Prince William Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hawk Crescent |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bunting Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cormorant Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cormorant Close |