£498,281
This estimated value is based upon the latest sale price for the house of £380,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £380,000 | 7 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 2016 the House Price Index for NORFOLK was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £380,000 results in an estimated price of approximately £498,281.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £380,000 | £118,281 | £498,281 |
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 | -18.016 % | £-68,461 | £311,538 |
| 3 Month Average | 5.570 % | £21,165 | £401,165 |
| 6 Month Average | 2.096 % | £7,963 | £387,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £529,260 | £520,000 | 115 SCHOOL LANE |
| 4 Jul 2023 | £405,457 | £400,000 | COLNEYEDGE, 121 SCHOOL LANE |
| 3 Feb 2023 | £894,398 | £895,000 | 1 MANOR FARM BARNS SCHOOL LANE |
| 30 Jan 2023 | £460,332 | £462,500 | 6 BIRCH CLOSE |
| 10 Jan 2023 | £627,046 | £630,000 | 63 SCHOOL LANE |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 2 Jul 2014. Using an estimated price of £498,281 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on WATTON ROAD is 208 sq meters (2,247 sq feet).
This house is the largest in the street with a floor area of 196 sq meters (2,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |
| Apr 2024 | Drugs | Under investigation | On or near School Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Lane |