£185,323
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Jun 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£150,000 | 12 Jun 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 June 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £150,000 results in an estimated price of approximately £185,323.
12 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £150,000 | £35,323 | £185,323 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 3.273 % | £4,909 | £154,909 |
3 Month Average | -10.446 % | £-15,669 | £134,330 |
6 Month Average | 3.659 % | £5,489 | £155,489 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £300,545 | £296,500 | 118B THORPE ROAD |
3 Jul 2023 | £344,638 | £340,000 | 15 CEDAR ROAD |
31 Mar 2023 | £151,931 | £150,500 | FLAT 27 EASTGATE HOUSE, 122 THORPE ROAD |
28 Feb 2023 | £419,718 | £420,000 | 3 CEDAR ROAD |
17 Feb 2023 | £190,372 | £190,500 | FLAT 10 EASTGATE HOUSE, 122 THORPE ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 6 Dec 2017. Using an estimated price of £185,323 means this house is valued at £4,633 per sq meter (£430 per sq foot).
The average size of a house on THORPE ROAD is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Awaiting court outcome | On or near Thorpe Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorpe Road |
Feb 2024 | Drugs | Under investigation | On or near Thorpe Road |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Thorpe Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorpe Road |