£492,088
This estimated value is based upon the latest sale price for the house of £455,000 on 3 Nov 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Church Lane
More crime details
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Price Paid | Date |
---|---|
£455,000 | 3 Nov 2021 |
£300,000 | 8 Dec 2016 |
Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 November 2021 the House Price Index for NORFOLK was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £455,000 results in an estimated price of approximately £492,088.
3 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £455,000 | £37,088 | £492,088 |
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 | -4.438 % | £-20,195 | £434,804 |
3 Month Average | -19.148 % | £-87,121 | £367,878 |
6 Month Average | -12.089 % | £-55,002 | £399,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £334,959 | £330,000 | 12 BUCKLAND RISE |
11 Jul 2023 | £435,866 | £430,000 | 28 CHURCH LANE |
22 Jun 2023 | £384,659 | £380,000 | 40 BUCKLAND RISE |
1 Aug 2022 | £648,255 | £650,000 | 60 CHURCH LANE |
10 Jun 2022 | £573,099 | £565,000 | 24 MARSTON LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 May 2016. Using an estimated price of £492,089 means this house is valued at £8,201 per sq meter (£761 per sq foot).
The average size of a house on BUCKLAND RISE is 95 sq meters (1,023 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Lane |
Apr 2024 | Burglary | Under investigation | On or near Buckland Rise |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cheyham Mount |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Denmead Close |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Denmead Close |