£196,116
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Aug 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 582 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 August 2007 the House Price Index for NORFOLK was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £125,000 results in an estimated price of approximately £196,116.
| 9 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £125,000 | £71,116 | £196,116 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 77.896 % | £97,370 | £222,370 |
| 3 Month Average | 46.567 % | £58,208 | £183,208 |
| 6 Month Average | 48.642 % | £60,802 | £185,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £259,541 | £255,000 | 1 GATELY COTTAGE RAILWAY ROAD |
| 17 Aug 2023 | £249,180 | £247,000 | 16 DAISY LANE |
| 8 Mar 2023 | £181,712 | £180,000 | 10 RUSHMEADOW CRESCENT |
| 12 Oct 2022 | £425,419 | £430,000 | UNIT 6-8 FAIRFIELD ROAD |
| 6 Apr 2022 | £236,854 | £230,000 | 14 BRICKFIELDS LANE |
This house has a floor area of 54 sq meters or 582 sq feet when measured on 3 Aug 2010. Using an estimated price of £196,116 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on FAIRFIELD ROAD is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Downham Market |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Downham Market |
| Mar 2024 | Public order | On or near Downham Market (Station) | |
| Jan 2024 | Criminal damage and arson | On or near Downham Market (Station) | |
| Jan 2024 | Criminal damage and arson | On or near Downham Market (Station) |