£278,751
This estimated value is based upon the latest sale price for the house of £275,000 on 3 Jul 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 3 Jul 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 July 2023 the House Price Index for NORFOLK was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £275,000 results in an estimated price of approximately £278,751.
| 3 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £275,000 | £3,751 | £278,751 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 274.254 % | £754,198 | £1,029,198 |
| 3 Month Average | 35.751 % | £98,314 | £373,314 |
| 6 Month Average | 12.164 % | £33,450 | £308,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £487,213 | £480,000 | CHASLIN NORWICH ROAD |
| 4 Sep 2023 | £410,245 | £405,000 | 1 MAYFIELD COTTAGES SILVER STREET |
| 3 Jul 2023 | £278,752 | £275,000 | TURNPIKE BUSINESS CENTRE LONDON ROAD |
| 3 Jul 2023 | £785,573 | £775,000 | TURNPIKE FARM LONDON ROAD |
| 5 Jun 2023 | £549,152 | £542,500 | PETEANA HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dinah'S Lane |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station |