£247,162
This estimated value is based upon the latest sale price for the house of £245,000 on 23 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 23 Aug 2023 |
| £56,000 | 14 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2023 the House Price Index for NORFOLK was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £245,000 results in an estimated price of approximately £247,162.
| 23 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £245,000 | £2,162 | £247,162 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 2.303 % | £5,641 | £250,641 |
| 3 Month Average | -6.354 % | £-15,566 | £229,433 |
| 6 Month Average | -12.855 % | £-31,495 | £213,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £272,000 | £272,000 | 8 NEVILLE CLOSE |
| 31 Aug 2023 | £378,310 | £375,000 | 68 SCHOOL LANE |
| 23 Aug 2023 | £247,162 | £245,000 | NEVILLE HOUSE NEVILLE CLOSE |
| 9 Jun 2023 | £232,820 | £230,000 | 1 JUBILEE ROAD |
| 24 Mar 2023 | £222,092 | £220,000 | 1 NEVILLE CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 May 2017. Using an estimated price of £247,162 means this house is valued at £3,634 per sq meter (£337 per sq foot).
The average size of a house on NEVILLE CLOSE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neville Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Neville Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Albion Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clover Court |