£621,252
This estimated value is based upon the latest sale price for the house of £500,000 on 8 Jul 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£500,000 | 8 Jul 2019 |
£420,000 | 9 May 2016 |
Terraced |
Freehold |
Floor Area: 172 sq meters or 1,851 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 July 2019 the House Price Index for NORFOLK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £500,000 results in an estimated price of approximately £621,252.
8 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £500,000 | £121,252 | £621,252 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 39.926 % | £199,630 | £699,630 |
3 Month Average | 13.682 % | £68,412 | £568,412 |
6 Month Average | 15.148 % | £75,738 | £575,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £348,855 | £340,000 | 71 PEMBROKE ROAD |
29 Sep 2022 | £124,917 | £125,000 | 52 PARK LANE |
7 Feb 2022 | £84,517 | £80,000 | 48 PARK LANE |
8 Oct 2021 | £646,508 | £580,000 | 60 PARK LANE |
22 Jul 2021 | £387,854 | £335,000 | 73 PEMBROKE ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 22 Apr 2016. Using an estimated price of £621,252 means this house is valued at £3,611 per sq meter (£335 per sq foot).
The average size of a house on PARK LANE is 110 sq meters (1,193 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Park Lane | |
Apr 2024 | Anti-social behaviour | On or near Park Lane | |
Apr 2024 | Anti-social behaviour | On or near Park Lane | |
Apr 2024 | Anti-social behaviour | On or near Park Lane | |
May 2024 | Anti-social behaviour | On or near Pembroke Road |