£353,809
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Apr 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Apr 2023 |
| £240,000 | 27 Oct 2021 |
| 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 April 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £350,000 results in an estimated price of approximately £353,809.
| 18 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £350,000 | £3,809 | £353,809 |
The Postcode Pricing Model uses changes in average sales price within the NR16 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 | -11.230 % | £-39,303 | £310,696 |
| 3 Month Average | 5.741 % | £20,093 | £370,093 |
| 6 Month Average | -18.058 % | £-63,201 | £286,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £266,445 | £262,500 | RAILWAY COTTAGE |
| 14 Nov 2023 | £1,015,027 | £1,000,000 | UNIT T29 SNETTERTON PARK HARLING ROAD |
| 22 Sep 2023 | £251,617 | £248,400 | PLOT 5A SNETTERTON BUSINESS PARK |
| 1 Sep 2023 | £51,116 | £50,462 | UNIT T6 SNETTERTON PARK HARLING ROAD |
| 18 Apr 2023 | £353,810 | £350,000 | PLOT 1C SNETTERTON BUSINESS PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Heath Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Heath Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Heath Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Heath Road |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Heath Road |