£155,952
This estimated value is based upon the latest sale price for the house of £27,500 on 19 May 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£27,500 | 19 May 1995 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 1995 the House Price Index for NORFOLK was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £27,500 results in an estimated price of approximately £155,952.
19 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.098 % | £27,500 | £128,452 | £155,952 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 827.634 % | £227,599 | £255,099 |
3 Month Average | 541.749 % | £148,981 | £176,481 |
6 Month Average | 550.626 % | £151,422 | £178,922 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £1,350,000 | £1,350,000 | 41 NEWMARKET ROAD |
19 Dec 2023 | £165,072 | £160,000 | 15 EAGLE WALK |
16 Oct 2023 | £301,856 | £295,000 | 116 NEWMARKET STREET |
21 Jun 2023 | £785,746 | £770,000 | 45A NEWMARKET ROAD |
1 Mar 2023 | £915,285 | £900,000 | 57 NEWMARKET ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Jun 2021. Using an estimated price of £155,952 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on ALLENS LANE is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Eagle Walk | |
Jun 2024 | Anti-social behaviour | On or near Eagle Walk | |
Jun 2024 | Anti-social behaviour | On or near Eagle Walk | |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eagle Walk |
Jun 2024 | Anti-social behaviour | On or near Eagle Walk |