£953,731
This estimated value is based upon the latest sale price for the house of £495,000 on 4 Aug 2004. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Wells Road
More crime details
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| Price Paid | Date |
|---|---|
| £495,000 | 4 Aug 2004 |
| £173,000 | 24 May 1995 |
| Detached |
| Freehold |
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 2004 the House Price Index for NORFOLK was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £495,000 results in an estimated price of approximately £953,731.
| 4 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £495,000 | £458,731 | £953,731 |
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 | 94.931 % | £469,908 | £964,908 |
| 3 Month Average | 121.926 % | £603,534 | £1,098,534 |
| 6 Month Average | 110.860 % | £548,755 | £1,043,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £440,634 | £435,000 | BRAMBLES THE STREET |
| 4 Sep 2023 | £557,123 | £550,000 | FOSTER LODGE NORTH LANE |
| 1 Sep 2023 | £580,036 | £572,620 | CLAYTON LODGE NORTH LANE |
| 11 Aug 2023 | £464,060 | £460,000 | STONEMEAD WELLS ROAD |
| 18 Aug 2022 | £825,827 | £828,050 | THE COACH HOUSE, 2 UPPER MILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wells Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wells Road |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Brick Kiln Road |