£704,997
This estimated value is based upon the latest sale price for the house of £568,888 on 10 Jul 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £568,888 | 10 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 333 sq meters or 3,584 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 2018 the House Price Index for NORFOLK was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £568,888 results in an estimated price of approximately £704,997.
| 10 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £568,888 | £136,109 | £704,997 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 23.314 % | £132,630 | £701,518 |
| 3 Month Average | 29.561 % | £168,169 | £737,057 |
| 6 Month Average | 17.472 % | £99,398 | £668,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £373,265 | £370,000 | 1 ST AUDREYS |
| 27 Feb 2023 | £439,704 | £440,000 | 30 RAYMOND STREET |
| 24 Feb 2023 | £325,781 | £326,000 | 28 NUNSGATE |
| 27 Jan 2023 | £179,156 | £180,000 | 10A OLD MARKET STREET |
| 29 Jul 2022 | £170,208 | £169,750 | 2 KYLE COURT OLD MARKET STREET |
This house has a floor area of 333 sq meters or 3,584 sq feet when measured on 16 May 2018. Using an estimated price of £704,997 means this house is valued at £2,117 per sq meter (£196 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Mill Lane | |
| Dec 2023 | Anti-social behaviour | On or near Mill Lane |