£274,084
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£225,000 | 17 Jul 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2020 the House Price Index for NORFOLK was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £225,000 results in an estimated price of approximately £274,084.
17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £225,000 | £49,084 | £274,084 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | 44.113 % | £99,253 | £324,253 |
3 Month Average | 10.199 % | £22,948 | £247,948 |
6 Month Average | 5.862 % | £13,189 | £238,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2023 | £163,050 | £160,000 | 5 KERRISON ROAD |
25 Jan 2023 | £195,522 | £195,000 | 3 KERRISON ROAD |
12 Aug 2022 | £178,334 | £177,500 | 44 GAVIN BANK GEOFFREY WATLING WAY |
17 Jun 2022 | £180,866 | £177,000 | 409 RICHARD HAWTHORN HOUSE GEOFFREY WATLING WAY |
1 Apr 2022 | £186,736 | £180,000 | 609 RICHARD HAWTHORN HOUSE GEOFFREY WATLING WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Apr 2020. Using an estimated price of £274,085 means this house is valued at £3,972 per sq meter (£369 per sq foot).
The average size of a house on GEOFFREY WATLING WAY is 63 sq meters (687 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Geoffrey Watling Way |
Jul 2024 | Other theft | Under investigation | On or near Geoffrey Watling Way |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Geoffrey Watling Way |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Geoffrey Watling Way |
Jun 2024 | Drugs | Under investigation | On or near Geoffrey Watling Way |