£218,288
This estimated value is based upon the latest sale price for the house of £128,000 on 9 May 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£128,000 | 9 May 2012 |
Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 May 2012 the House Price Index for NORFOLK was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £128,000 results in an estimated price of approximately £218,288.
9 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £128,000 | £90,288 | £218,288 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | 60.930 % | £77,989 | £205,989 |
3 Month Average | 68.031 % | £87,079 | £215,079 |
6 Month Average | 62.802 % | £80,387 | £208,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £487,213 | £480,000 | CHASLIN NORWICH ROAD |
13 Nov 2023 | £507,514 | £500,000 | CEDAR LODGE MORLEY ROAD |
2 Aug 2023 | £343,001 | £340,000 | 56 MILL LANE |
18 Nov 2022 | £434,734 | £440,000 | OAK HOUSE NORWICH ROAD |
9 Jun 2022 | £557,884 | £550,000 | NORTHVIEW NORWICH ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 25 Nov 2013. Using an estimated price of £218,288 means this house is valued at £1,537 per sq meter (£142 per sq foot).
The average size of a house on MORLEY ROAD is 186 sq meters (2,002 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Parking Area |
Dec 2023 | Anti-social behaviour | On or near Hill Road | |
Dec 2023 | Anti-social behaviour | On or near Hill Road | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hill Road |
Dec 2023 | Anti-social behaviour | On or near Hill Road |