£94,990
This estimated value is based upon the latest sale price for the house of £80,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £80,000 | 4 Sep 2020 |
| Terraced |
| Freehold |
| 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £80,000 results in an estimated price of approximately £94,990.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £80,000 | £14,990 | £94,990 |
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 | 80.012 % | £64,009 | £144,009 |
| 3 Month Average | 43.796 % | £35,036 | £115,036 |
| 6 Month Average | 22.912 % | £18,329 | £98,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £106,360 | £105,000 | 31 HANBURY COURT |
| 25 Aug 2023 | £105,927 | £105,000 | 15 HANBURY COURT |
| 24 Aug 2023 | £110,971 | £110,000 | 32 HANBURY COURT |
| 3 Aug 2023 | £148,802 | £147,500 | 52 BURY ROAD |
| 9 Jun 2023 | £116,410 | £115,000 | 2 HANBURY COURT |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 29 Jul 2020. Using an estimated price of £94,991 means this house is valued at £2,374 per sq meter (£220 per sq foot).
The average size of a house on OLD BURY ROAD is 155 sq meters (1,671 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Old Bury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Star Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Star Lane |