£540,409
This estimated value is based upon the latest sale price for the house of £415,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £415,000 | 21 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 April 2017 the House Price Index for NORFOLK was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £415,000 results in an estimated price of approximately £540,409.
| 21 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £415,000 | £125,409 | £540,409 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 30.678 % | £127,315 | £542,315 |
| 3 Month Average | 29.102 % | £120,775 | £535,775 |
| 6 Month Average | 19.283 % | £80,023 | £495,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £477,111 | £465,000 | 66 BRETTINGHAM AVENUE |
| 16 Aug 2023 | £636,480 | £625,000 | 21A CANTLEY LANE |
| 14 Feb 2023 | £498,329 | £495,000 | 1 LANGLEY CLOSE |
| 1 Feb 2023 | £518,463 | £515,000 | 8 PATTESON CLOSE |
| 6 Jan 2023 | £191,512 | £191,000 | PLOT 3 ROUNDHOUSE PARK NEWMARKET ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 6 Feb 2017. Using an estimated price of £540,410 means this house is valued at £4,189 per sq meter (£389 per sq foot).
The average size of a house on CANTLEY LANE is 149 sq meters (1,606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cantley Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Cantley Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cantley Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cantley Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cantley Lane |