£190,001
This estimated value is based upon the latest sale price for the house of £132,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £132,000 | 24 Jul 2015 |
| £125,000 | 19 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 July 2015 the House Price Index for NORFOLK was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £132,000 results in an estimated price of approximately £190,001.
| 24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £132,000 | £58,001 | £190,001 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 499.972 % | £659,962 | £791,962 |
| 3 Month Average | 100.271 % | £132,357 | £264,357 |
| 6 Month Average | 53.136 % | £70,139 | £202,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £223,306 | £220,000 | 19 FAIRLAND COURT FAIRLAND STREET |
| 6 Nov 2023 | £233,456 | £230,000 | 20 FAIRLAND COURT FAIRLAND STREET |
| 8 Sep 2023 | £157,007 | £155,000 | 8 FAIRLAND COURT FAIRLAND STREET |
| 25 Jul 2023 | £339,570 | £335,000 | 9 NORWICH ROAD |
| 1 Jun 2023 | £97,177 | £96,000 | 19 FAIRLAND STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 9 Feb 2015. Using an estimated price of £190,002 means this house is valued at £4,042 per sq meter (£375 per sq foot).
The average size of a house on FAIRLAND STREET is 59 sq meters (638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairland Street |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Station Road |
| Jan 2024 | Anti-social behaviour | On or near Station Road | |
| Jan 2024 | Anti-social behaviour | On or near Station Road | |
| Jan 2024 | Anti-social behaviour | On or near Station Road |