£164,638
This estimated value is based upon the latest sale price for the house of £130,000 on 13 Dec 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 Dec 2017 |
| £125,438 | 28 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 December 2017 the House Price Index for NORFOLK was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £130,000 results in an estimated price of approximately £164,638.
| 13 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £130,000 | £34,638 | £164,638 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 6.129 % | £7,967 | £137,967 |
| 3 Month Average | 13.544 % | £17,607 | £147,607 |
| 6 Month Average | 26.754 % | £34,780 | £164,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £159,037 | £155,000 | 33 WADE-WRIGHT COURT PRIORY ROAD |
| 13 Nov 2023 | £138,516 | £135,000 | 20 WADE-WRIGHT COURT PRIORY ROAD |
| 8 Nov 2023 | £166,732 | £162,500 | 50 WADE-WRIGHT COURT PRIORY ROAD |
| 9 Oct 2023 | £161,672 | £158,000 | 8 WADE-WRIGHT COURT PRIORY ROAD |
| 10 Aug 2023 | £224,041 | £220,000 | 8 ORCHID CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 23 May 2017. Using an estimated price of £164,638 means this house is valued at £3,106 per sq meter (£288 per sq foot).
The average size of a house on PRIORY ROAD is 55 sq meters (600 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Square |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Norfolk Square |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Square |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norfolk Square |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Square |