£300,760
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Mar 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,372 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 March 2018 the House Price Index for NORFOLK was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £240,000 results in an estimated price of approximately £300,760.
| 12 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £240,000 | £60,760 | £300,760 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 18.591 % | £44,619 | £284,619 |
| 3 Month Average | 41.104 % | £98,648 | £338,648 |
| 6 Month Average | 48.177 % | £115,624 | £355,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £365,000 | £365,000 | 5 MALLARDS CLOSE |
| 20 Sep 2023 | £364,663 | £360,000 | 1 HERON CLOSE |
| 17 Feb 2023 | £294,802 | £295,000 | 21 WARREN AVENUE |
| 11 Jul 2022 | £290,783 | £290,000 | 4 NIGHTINGALE CLOSE |
| 28 Jan 2022 | £407,808 | £387,500 | 179 NORWICH ROAD |
This house has a floor area of 127 sq meters or 1,372 sq feet when measured on 26 Jan 2011. Using an estimated price of £300,761 means this house is valued at £2,358 per sq meter (£219 per sq foot).
The average size of a house on MISSION LANE is 106 sq meters (1,145 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Beech Grove |
| Apr 2024 | Other theft | Under investigation | On or near Mallard Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Close |