£171,245
This estimated value is based upon the latest sale price for the house of £140,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£140,000 | 1 May 2020 |
£51,795 | 20 Jul 2000 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 May 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £140,000 results in an estimated price of approximately £171,245.
1 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £140,000 | £31,245 | £171,245 |
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 | 48.711 % | £68,195 | £208,195 |
3 Month Average | 27.958 % | £39,141 | £179,141 |
6 Month Average | 33.151 % | £46,411 | £186,411 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jun 2023 | £220,673 | £218,000 | 45 HARWOOD AVENUE |
31 May 2022 | £244,609 | £240,000 | 65 HARWOOD AVENUE |
25 Feb 2022 | £319,852 | £305,000 | 36 BENBOW ROAD |
21 Feb 2022 | £194,008 | £185,000 | 17 BENBOW ROAD |
10 Jul 2020 | £193,472 | £160,000 | 41 HARWOOD AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Sep 2017. Using an estimated price of £171,245 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on ADMIRALS WAY is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benbow Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benbow Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benbow Road |
Jan 2024 | Anti-social behaviour | On or near Benbow Road | |
Jan 2024 | Anti-social behaviour | On or near Benbow Road |