£896,592
This estimated value is based upon the latest sale price for the house of £725,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £725,000 | 5 Apr 2019 |
| £495,000 | 13 Oct 2010 |
| £145,000 | 23 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 April 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £725,000 results in an estimated price of approximately £896,592.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £725,000 | £171,592 | £896,592 |
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 | -8.470 % | £-61,410 | £663,589 |
| 3 Month Average | 6.945 % | £50,348 | £775,348 |
| 6 Month Average | 12.390 % | £89,826 | £814,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £205,629 | £203,000 | FLAT E 56 MILL HILL ROAD |
| 7 Feb 2022 | £83,896 | £80,000 | 48 PARK LANE |
| 8 Oct 2021 | £641,757 | £580,000 | 60 PARK LANE |
| 12 May 2021 | £813,627 | £720,000 | 24 WEST PARADE |
| 26 Aug 2020 | £107,916 | £90,000 | FLAT 4 DENBIGH HOUSE DENBIGH ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 13 Dec 2018. Using an estimated price of £896,593 means this house is valued at £6,141 per sq meter (£570 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 | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doris Road |
| Apr 2024 | Anti-social behaviour | On or near West Parade | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Parade |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maida Vale |