£76,989
This estimated value is based upon the latest sale price for the house of £24,650 on 11 Jan 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£24,650 | 11 Jan 2002 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 January 2002 the House Price Index for NORFOLK was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £24,650 results in an estimated price of approximately £76,989.
11 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £24,650 | £52,339 | £76,989 |
The Postcode Pricing Model uses changes in average sales price within the NR23 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 | 155.750 % | £38,392 | £63,042 |
3 Month Average | 277.451 % | £68,391 | £93,041 |
6 Month Average | 276.272 % | £68,101 | £92,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £371,500 | £365,000 | FLAT 1 SMUGGLERS COVE NORTHFIELD LANE |
31 Aug 2023 | £310,214 | £307,500 | 13 NORTHFIELD CRESCENT |
21 Jul 2023 | £674,072 | £665,000 | 2A NORTHFIELD LANE |
12 Jul 2023 | £515,437 | £508,500 | 1 FRYER CLOSE |
7 Sep 2022 | £419,611 | £423,000 | TURNSTONE COTTAGE NORTHFIELD LANE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 15 Sep 2014. Using an estimated price of £76,989 means this house is valued at £1,571 per sq meter (£145 per sq foot).
The average size of a house on KNITTING NEEDLE LANE is 84 sq meters (906 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Northfield Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Northfield Crescent |
Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Northfield Crescent |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Neilsen Close |
Apr 2024 | Anti-social behaviour | On or near Neilsen Close |