£1,018,437
This estimated value is based upon the latest sale price for the house of £600,000 on 27 Apr 2010. 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 New Lane
More crime details
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| Price Paid | Date |
|---|---|
| £600,000 | 27 Apr 2010 |
| 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 April 2010 the House Price Index for NORFOLK was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £600,000 results in an estimated price of approximately £1,018,437.
| 27 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £600,000 | £418,437 | £1,018,437 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 30.790 % | £184,740 | £784,740 |
| 3 Month Average | 52.719 % | £316,316 | £916,316 |
| 6 Month Average | 63.159 % | £378,951 | £978,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £201,765 | £200,000 | ORCHARD COTTAGE COMMON ROAD |
| 11 Aug 2023 | £355,107 | £352,000 | 4 HUNTER AVENUE |
| 26 Jul 2023 | £527,094 | £520,000 | VINE COTTAGE WELBORNE COMMON |
| 20 Jul 2023 | £202,729 | £200,000 | 9 THE OAKS |
| 8 Jun 2023 | £293,556 | £290,000 | FIELD VIEW WELBORNE COMMON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near New Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Anti-social behaviour | On or near Church Plain | |
| Mar 2024 | Anti-social behaviour | On or near Church Plain |