£245,625
This estimated value is based upon the latest sale price for the house of £150,778 on 27 Feb 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£150,778 | 27 Feb 2007 |
£159,000 | 16 Jul 2004 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 February 2007 the House Price Index for NORFOLK was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £150,778 results in an estimated price of approximately £245,625.
27 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £150,778 | £94,847 | £245,625 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 36.165 % | £54,529 | £205,307 |
3 Month Average | 43.389 % | £65,420 | £216,198 |
6 Month Average | 61.601 % | £92,880 | £243,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £202,452 | £200,000 | 2 SKEYTON NEW ROAD |
26 Apr 2023 | £192,068 | £190,000 | 24 SKEYTON NEW ROAD |
27 Feb 2023 | £269,818 | £270,000 | 57A AYLSHAM ROAD |
19 Jan 2023 | £328,453 | £330,000 | 2 OAK ROAD |
12 Sep 2022 | £317,437 | £320,000 | 15 CHERRY TREE LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Jun 2016. Using an estimated price of £245,626 means this house is valued at £2,506 per sq meter (£232 per sq foot).
The average size of a house on CHERRY TREE LANE is 106 sq meters (1,147 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Queensway |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Queensway |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Skeyton New Road |
Feb 2024 | Drugs | Under investigation | On or near Skeyton New Road |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near A149 |