£378,600
This estimated value is based upon the latest sale price for the house of £300,000 on 4 Oct 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 4 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 October 2017 the House Price Index for NORFOLK was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £300,000 results in an estimated price of approximately £378,600.
| 4 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £300,000 | £78,600 | £378,600 |
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 | 5.102 % | £15,306 | £315,306 |
| 3 Month Average | 32.184 % | £96,552 | £396,552 |
| 6 Month Average | 21.570 % | £64,709 | £364,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £295,275 | £291,500 | 45 NUNNERY DRIVE |
| 24 Mar 2023 | £351,310 | £348,000 | 129 NUNNERY DRIVE |
| 19 Aug 2022 | £364,020 | £365,000 | 9 BITTERN CLOSE |
| 4 Mar 2022 | £404,142 | £390,000 | 13 NUNNERY DRIVE |
| 10 Dec 2021 | £380,339 | £355,000 | 53 NUNNERY DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 3 Mar 2017. Using an estimated price of £378,600 means this house is valued at £2,868 per sq meter (£266 per sq foot).
The average size of a house on NUNNERY DRIVE is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bittern Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bracken Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Bracken Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Bracken Road |
| Feb 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Bracken Road |