£321,127
This estimated value is based upon the latest sale price for the house of £247,000 on 27 Feb 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £247,000 | 27 Feb 2017 |
| £92,000 | 9 Aug 2000 |
| £60,000 | 10 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2017 the House Price Index for NORFOLK was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £247,000 results in an estimated price of approximately £321,127.
| 27 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £247,000 | £74,127 | £321,127 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 35.881 % | £88,626 | £335,626 |
| 3 Month Average | 53.230 % | £131,477 | £378,477 |
| 6 Month Average | 40.971 % | £101,198 | £348,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £183,205 | £180,000 | 9B GEORGE EDWARDS ROAD |
| 24 Mar 2023 | £320,520 | £317,500 | 1 SHELDRAKE CLOSE |
| 14 Jun 2022 | £202,867 | £200,000 | 36 SMITHS LANE |
| 11 Mar 2022 | £725,384 | £700,000 | 6 GEORGE EDWARDS ROAD |
| 28 Jan 2022 | £353,083 | £335,500 | 15 SHELDRAKE CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 Jun 2016. Using an estimated price of £321,127 means this house is valued at £2,676 per sq meter (£248 per sq foot).
The average size of a house on SMITHS LANE is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Offender given a caution | On or near Townshend Green North |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townshend Green North |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Enterprise Way |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Enterprise Way |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Enterprise Way |