£76,638
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£75,000 | 30 Jun 2022 |
£40,000 | 15 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 June 2022 the House Price Index for NORFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £75,000 results in an estimated price of approximately £76,638.
30 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £75,000 | £1,638 | £76,638 |
The Postcode Pricing Model uses changes in average sales price within the IP26 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 | -49.102 % | £-36,826 | £38,173 |
3 Month Average | -20.152 % | £-15,113 | £59,886 |
6 Month Average | -15.526 % | £-11,644 | £63,355 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £666,929 | £650,000 | 92 LODGE ROAD |
22 Sep 2023 | £240,297 | £235,000 | 15 EAST HALL BUNGALOWS |
22 Sep 2023 | £120,149 | £117,500 | APARTMENT 5 EAST HALL LODGE ROAD |
22 Aug 2023 | £88,598 | £87,000 | APARTMENT 7 EAST HALL LODGE ROAD |
18 Aug 2023 | £300,418 | £295,000 | 8 SKYE GARDENS |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 13 Sep 2021. Using an estimated price of £76,638 means this house is valued at £1,869 per sq meter (£173 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Addison Close |
May 2024 | Possession of weapons | Local resolution | On or near Barrett'S Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hall Farm Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Farm Close |