£1,818,278
This estimated value is based upon the latest sale price for the house of £1,550,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£1,550,000 | 23 Oct 2020 |
Freehold |
Floor Area: 284 sq meters or 3,056 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 October 2020 the House Price Index for NORFOLK was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £1,550,000 results in an estimated price of approximately £1,818,278.
23 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £1,550,000 | £268,278 | £1,818,278 |
The Postcode Pricing Model uses changes in average sales price within the NR23 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 | -45.722 % | £-708,686 | £841,313 |
3 Month Average | -3.507 % | £-54,364 | £1,495,635 |
6 Month Average | -0.034 % | £-534 | £1,549,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £674,072 | £665,000 | 2A NORTHFIELD LANE |
15 Nov 2022 | £790,426 | £800,000 | 5 BRAMLEY CLOSE |
7 Sep 2022 | £419,611 | £423,000 | TURNSTONE COTTAGE NORTHFIELD LANE |
27 May 2022 | £825,556 | £810,000 | HAYHOW BARN STANDARD ROAD |
2 Mar 2022 | £347,148 | £335,000 | 19 NORTHFIELD AVENUE |
This house has a floor area of 284 sq meters or 3,056 sq feet when measured on 11 Aug 2020. Using an estimated price of £1,818,279 means this house is valued at £6,402 per sq meter (£594 per sq foot).
The average size of a house on NORTHFIELD LANE is 114 sq meters (1,233 sq feet).
This house is the largest in the street with a floor area of 284 sq meters (3,056 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Croft Yard |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Yard |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Yard |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Yard |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Yard |