£494,354
This estimated value is based upon the latest sale price for the house of £87,000 on 15 Dec 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £87,000 | 15 Dec 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 December 1995 the House Price Index for NORFOLK was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £87,000 results in an estimated price of approximately £494,354.
| 15 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 468.223 % | £87,000 | £407,354 | £494,354 |
The Postcode Pricing Model uses changes in average sales price within the NR16 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 | 547.573 % | £476,388 | £563,388 |
| 3 Month Average | 576.539 % | £501,589 | £588,589 |
| 6 Month Average | 406.933 % | £354,031 | £441,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £403,804 | £400,000 | FAIRTHORNE CHENEYS LANE |
| 28 Oct 2022 | £633,182 | £640,000 | ST MARYS COTTAGE CHENEYS LANE |
| 12 Aug 2022 | £421,919 | £423,055 | THE OLD BAKEHOUSE, 66A NORWICH ROAD |
| 27 Jul 2022 | £376,012 | £375,000 | 11 WARRENS WAY |
| 24 May 2022 | £392,394 | £385,000 | 12 MCKEE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Cheney'S Lane |
| Feb 2024 | Anti-social behaviour | On or near West Way | |
| Feb 2024 | Anti-social behaviour | On or near West Way | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near West Way |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Boileau Avenue |