£317,232
This estimated value is based upon the latest sale price for the house of £167,000 on 10 Dec 2004. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£167,000 | 10 Dec 2004 |
£64,950 | 22 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2004 the House Price Index for NORFOLK was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £167,000 results in an estimated price of approximately £317,232.
10 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 149.7 | 89.960 % | £167,000 | £150,232 | £317,232 |
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 | 67.599 % | £112,890 | £279,890 |
3 Month Average | 62.437 % | £104,269 | £271,269 |
6 Month Average | 82.810 % | £138,292 | £305,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £257,234 | £255,000 | 20A NORWICH ROAD |
27 Oct 2023 | £222,043 | £217,000 | 24A NORWICH ROAD |
28 Apr 2023 | £295,528 | £290,000 | 1 RATCLIFFE ROAD |
6 Jan 2023 | £193,016 | £192,500 | 1 OAK COURT BARONS CLOSE |
7 Jun 2022 | £168,604 | £165,000 | 49 NORWICH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Sep 2014. Using an estimated price of £317,233 means this house is valued at £3,646 per sq meter (£338 per sq foot).
The average size of a house on THE LAWN is 112 sq meters (1,206 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Baron'S Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baron'S Close |
Jun 2024 | Anti-social behaviour | On or near Ratcliffe Road | |
Jun 2024 | Anti-social behaviour | On or near Ratcliffe Road |