£709,066
This estimated value is based upon the latest sale price for the house of £700,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £700,000 | 8 Sep 2023 |
| 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 September 2023 the House Price Index for NORFOLK was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £700,000 results in an estimated price of approximately £709,066.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £700,000 | £9,066 | £709,066 |
The Postcode Pricing Model uses changes in average sales price within the NR10 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 | 18.001 % | £126,008 | £826,008 |
| 3 Month Average | 10.974 % | £76,818 | £776,818 |
| 6 Month Average | 0.354 % | £2,480 | £702,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £344,404 | £340,000 | 34 MORGANS WAY |
| 8 Sep 2023 | £709,066 | £700,000 | SPRINGROVE |
| 10 Jul 2023 | £248,342 | £245,000 | 4 CROMER ROAD |
| 5 Aug 2022 | £214,423 | £215,000 | 26 MORGANS WAY |
| 26 Nov 2021 | £423,295 | £391,391 | 43 WATERLOO ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromer Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Serpentine Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Serpentine Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Serpentine Lane |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Serpentine Lane |