£537,386
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £420,000 | 31 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 August 2017 the House Price Index for NORFOLK was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £420,000 results in an estimated price of approximately £537,386.
| 31 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £420,000 | £117,386 | £537,386 |
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 | 51.973 % | £218,284 | £638,284 |
| 3 Month Average | 11.171 % | £46,919 | £466,919 |
| 6 Month Average | 17.697 % | £74,327 | £494,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £545,845 | £536,000 | 88 MILL HILL 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 |
| 29 Jul 2020 | £468,989 | £385,000 | 55 MILL HILL ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 15 Feb 2016. Using an estimated price of £537,386 means this house is valued at £3,784 per sq meter (£351 per sq foot).
The average size of a house on PARK LANE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Doris Road | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Doris Road |
| May 2024 | Anti-social behaviour | On or near Doris Road | |
| May 2024 | Anti-social behaviour | On or near Doris Road | |
| May 2024 | Anti-social behaviour | On or near Doris Road |