£877,218
This estimated value is based upon the latest sale price for the house of £700,000 on 13 Mar 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £700,000 | 13 Mar 2018 |
| £715,000 | 9 Sep 2016 |
| £780,000 | 23 Dec 2009 |
| Freehold |
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 March 2018 the House Price Index for NORFOLK was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £700,000 results in an estimated price of approximately £877,218.
| 13 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £700,000 | £177,218 | £877,218 |
The Postcode Pricing Model uses changes in average sales price within the NR14 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 | 45.657 % | £319,600 | £1,019,600 |
| 3 Month Average | 26.317 % | £184,219 | £884,219 |
| 6 Month Average | 19.781 % | £138,470 | £838,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £581,611 | £573,000 | 5 TOWN FARM DRIVE |
| 27 Jan 2023 | £303,570 | £305,000 | 7 BECCLES ROAD |
| 19 Nov 2021 | £451,532 | £417,500 | 11 MILL ROAD |
| 21 Sep 2021 | £344,830 | £320,000 | 12 REEDS WAY |
| 20 Sep 2021 | £150,863 | £140,000 | 14 TRINITY SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Little Money Road |
| Jan 2024 | Other crime | Further action is not in the public interest | On or near Beccles Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beccles Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Bungay Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near High Bungay Road |