£343,601
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Feb 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 8 Feb 2018 |
| £92,000 | 3 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 February 2018 the House Price Index for NORFOLK was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £275,000 results in an estimated price of approximately £343,601.
| 8 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £275,000 | £68,601 | £343,601 |
The Postcode Pricing Model uses changes in average sales price within the NR30 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 | -9.866 % | £-27,131 | £247,868 |
| 3 Month Average | 5.985 % | £16,458 | £291,458 |
| 6 Month Average | 18.428 % | £50,677 | £325,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £261,314 | £258,500 | 73 LAWN AVENUE |
| 24 Feb 2023 | £156,894 | £157,000 | 65 ALDERSON ROAD |
| 1 Nov 2022 | £126,468 | £128,000 | 108 ALDERSON ROAD |
| 11 Mar 2022 | £186,527 | £180,000 | 22 LAWN AVENUE |
| 4 Mar 2022 | £132,123 | £127,500 | 83 ALDERSON ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 29 Sep 2014. Using an estimated price of £343,602 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on LAWN AVENUE is 123 sq meters (1,326 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Yare Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yare Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bure Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near The Lea |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Lea |