£501,080
This estimated value is based upon the latest sale price for the house of £465,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£465,000 | 30 Sep 2021 |
£73,000 | 14 Aug 1998 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,819 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 September 2021 the House Price Index for NORFOLK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £465,000 results in an estimated price of approximately £501,080.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £465,000 | £36,080 | £501,080 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | -21.707 % | £-100,938 | £364,061 |
3 Month Average | 16.087 % | £74,806 | £539,806 |
6 Month Average | -5.620 % | £-26,130 | £438,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £1,013,643 | £1,000,000 | KENSINGTON HOUSE, 110 DEREHAM ROAD |
24 Apr 2023 | £429,626 | £425,000 | HOLLY DALE BARN DEREHAM ROAD |
2 Sep 2022 | £357,116 | £360,000 | CHAPEL COTTAGE NORWICH ROAD |
1 Aug 2022 | £383,966 | £385,000 | NORTHFIELDS NORWICH ROAD |
14 Jun 2022 | £367,696 | £362,500 | THE OLD POST OFFICE NORWICH ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 6 May 2021. Using an estimated price of £501,081 means this house is valued at £2,964 per sq meter (£275 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howes Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Howes Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Howes Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howes Lane |
Jan 2024 | Anti-social behaviour | On or near Howes Lane |