£108,951
This estimated value is based upon the latest sale price for the house of £100,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £100,000 | 26 Nov 2021 |
| Leasehold |
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 November 2021 the House Price Index for NORFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £100,000 results in an estimated price of approximately £108,951.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £100,000 | £8,951 | £108,951 |
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 | 17.835 % | £17,835 | £117,835 |
| 3 Month Average | 4.190 % | £4,189 | £104,189 |
| 6 Month Average | -8.752 % | £-8,752 | £91,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £316,339 | £310,000 | 75 MOUNTERGATE |
| 16 Jun 2023 | £589,310 | £577,500 | 15 BALTIC WHARF |
| 20 Sep 2022 | £299,800 | £300,000 | 73B MOUNTERGATE |
| 20 Sep 2022 | £299,800 | £300,000 | 73A MOUNTERGATE |
| 24 Jun 2022 | £153,276 | £150,000 | 5 EASTBOURNE PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Mountergate |
| May 2024 | Drugs | Local resolution | On or near Mountergate |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mountergate |
| Apr 2024 | Anti-social behaviour | On or near Mountergate | |
| Apr 2024 | Anti-social behaviour | On or near Mountergate |