£265,496
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Sep 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£215,000 | 11 Sep 2018 |
£195,000 | 28 Jul 2006 |
£58,000 | 30 Sep 1997 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,250 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 September 2018 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £215,000 results in an estimated price of approximately £265,496.
11 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £215,000 | £50,496 | £265,496 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 39.297 % | £84,488 | £299,488 |
3 Month Average | 13.789 % | £29,646 | £244,646 |
6 Month Average | 21.008 % | £45,166 | £260,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £494,674 | £500,000 | 5 LOUIS CLOSE |
22 Jul 2022 | £426,147 | £425,000 | 1 LOUIS CLOSE |
26 May 2022 | £336,337 | £330,000 | 223 ST FAITHS ROAD |
25 Feb 2022 | £293,634 | £280,000 | 44 CATTON CHASE |
28 Jan 2022 | £305,598 | £290,380 | 45 CATTON CHASE |
This house has a floor area of 116 sq meters or 1,250 sq feet when measured on 30 Oct 2009. Using an estimated price of £265,496 means this house is valued at £2,285 per sq meter (£212 per sq foot).
The average size of a house on LANCASTER CLOSE is 109 sq meters (1,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dowding Road |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dowding Road |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dowding Road |
Mar 2024 | Other theft | Local resolution | On or near Louis Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Embry Crescent |