£266,012
This estimated value is based upon the latest sale price for the house of £261,000 on 13 May 2022. 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 Old Library Mews
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| Price Paid | Date |
|---|---|
| £261,000 | 13 May 2022 |
| £199,000 | 4 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 821 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 May 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £261,000 results in an estimated price of approximately £266,012.
| 13 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £261,000 | £5,012 | £266,012 |
The Postcode Pricing Model uses changes in average sales price within the NR1 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 | -32.180 % | £-83,990 | £177,009 |
| 3 Month Average | -9.998 % | £-26,094 | £234,905 |
| 6 Month Average | -7.253 % | £-18,929 | £242,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £192,461 | £190,000 | 25 GREAT EASTERN COURT |
| 14 Jul 2023 | £197,660 | £195,000 | FLAT 2 THORPE HAMLET LODGE, 11 THORPE ROAD |
| 1 Mar 2023 | £171,617 | £170,000 | FLAT 6 THORPE HAMLET LODGE, 11 THORPE ROAD |
| 28 Oct 2022 | £218,448 | £220,800 | APARTMENT 8 REGENCY COURT LOWER CLARENCE ROAD |
| 7 Oct 2022 | £321,538 | £325,000 | 11 OLD LIBRARY MEWS |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 16 Nov 2011. Using an estimated price of £266,012 means this house is valued at £3,485 per sq meter (£323 per sq foot).
The average size of a house on LOWER CLARENCE ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Library Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Library Mews |
| Feb 2024 | Anti-social behaviour | On or near Old Library Mews | |
| Feb 2024 | Anti-social behaviour | On or near Old Library Mews |