£1,185,580
This estimated value is based upon the latest sale price for the house of £1,200,000 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £1,200,000 | 2 Sep 2022 |
| Detached |
| 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 2022 the House Price Index for NORFOLK was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,185,580.
| 2 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £1,200,000 | £-14,419 | £1,185,580 |
The Postcode Pricing Model uses changes in average sales price within the NR11 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 | -35.938 % | £-431,260 | £768,739 |
| 3 Month Average | 5.543 % | £66,511 | £1,266,511 |
| 6 Month Average | 3.104 % | £37,244 | £1,237,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £178,289 | £176,000 | 51B CHAPEL STREET |
| 22 Jun 2023 | £317,575 | £315,000 | 1 COMMONSIDE |
| 31 Mar 2023 | £477,582 | £475,000 | 16 HIGH STREET |
| 20 Jan 2023 | £490,690 | £495,000 | 1 PAUL ENGELHARD WAY |
| 2 Sep 2022 | £1,185,581 | £1,200,000 | THE OLLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spink'S Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Burglary | Under investigation | On or near Marriott'S Way |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Marriott'S Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birds Lane |