£629,140
This estimated value is based upon the latest sale price for the house of £559,000 on 11 May 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £559,000 | 11 May 2021 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2021 the House Price Index for NORFOLK was 131.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.548%.Applying this 12.548% change to the original purchase price of £559,000 results in an estimated price of approximately £629,140.
| 11 May 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.0 | 12.548 % | £559,000 | £70,140 | £629,140 |
The Postcode Pricing Model uses changes in average sales price within the NR14 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 | -55.694 % | £-311,327 | £247,672 |
| 3 Month Average | -35.203 % | £-196,783 | £362,216 |
| 6 Month Average | -6.358 % | £-35,542 | £523,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £637,052 | £625,000 | 17 HALL ROAD |
| 29 Aug 2023 | £269,137 | £267,500 | SQUIRREL COTTAGE, 19A BLIGH CLOSE |
| 25 Aug 2023 | £578,518 | £575,000 | 7 BROOKS MEADOW |
| 28 Jun 2023 | £252,044 | £250,000 | 16 BLIGH CLOSE |
| 24 Feb 2023 | £323,470 | £325,000 | 13 HALL ROAD |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 18 Mar 2021. Using an estimated price of £629,141 means this house is valued at £3,276 per sq meter (£304 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near John Drewry Close | |
| Mar 2024 | Anti-social behaviour | On or near John Drewry Close | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Long Road |
| Feb 2024 | Other theft | Under investigation | On or near Rectory Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Fall |