£135,033
This estimated value is based upon the latest sale price for the house of £87,000 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£87,000 | 7 Dec 2007 |
Flats/Maisonettes |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2007 the House Price Index for NORFOLK was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £87,000 results in an estimated price of approximately £135,033.
7 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.6 | 55.211 % | £87,000 | £48,033 | £135,033 |
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 | 12.294 % | £10,695 | £97,695 |
3 Month Average | 62.173 % | £54,090 | £141,090 |
6 Month Average | 67.816 % | £58,999 | £145,999 |
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 100 sq meters or 1,076 sq feet when measured on 19 Dec 2013. Using an estimated price of £135,034 means this house is valued at £1,350 per sq meter (£125 per sq foot).
The average size of a house on KNITTING NEEDLE LANE is 84 sq meters (906 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 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 |