£221,691
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Feb 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £150,000 | 25 Feb 2015 |
| £60,000 | 27 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 February 2015 the House Price Index for NORFOLK was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £150,000 results in an estimated price of approximately £221,691.
| 25 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £150,000 | £71,691 | £221,691 |
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 | 69.156 % | £103,733 | £253,733 |
| 3 Month Average | 41.358 % | £62,036 | £212,036 |
| 6 Month Average | 34.471 % | £51,706 | £201,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £223,918 | £220,000 | 11 REGENT ROAD |
| 3 Nov 2023 | £271,012 | £267,000 | 49 RICHMOND ROAD |
| 15 Sep 2023 | £154,982 | £153,000 | 40 RICHMOND ROAD |
| 4 Nov 2022 | £266,769 | £270,000 | 4 REGENT ROAD |
| 30 Aug 2022 | £264,289 | £265,000 | 1 FINSBURY CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 18 Sep 2014. Using an estimated price of £221,691 means this house is valued at £4,030 per sq meter (£374 per sq foot).
The average size of a house on REGENT ROAD is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Richmond Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hamilton Way |
| Feb 2024 | Anti-social behaviour | On or near Southfields | |
| Feb 2024 | Anti-social behaviour | On or near Southfields | |
| Mar 2024 | Anti-social behaviour | On or near Bluebell Close |