£597,423
This estimated value is based upon the latest sale price for the house of £480,000 on 19 Jun 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £480,000 | 19 Jun 2019 |
| 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 June 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £480,000 results in an estimated price of approximately £597,423.
| 19 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £480,000 | £117,423 | £597,423 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 18.220 % | £87,457 | £567,457 |
| 3 Month Average | 17.466 % | £83,838 | £563,838 |
| 6 Month Average | 15.139 % | £72,666 | £552,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2022 | £251,056 | £242,000 | 29 DEREHAM ROAD |
| 10 Dec 2021 | £212,624 | £197,000 | 78 MARKET STREET |
| 29 Oct 2021 | £418,001 | £375,000 | 8 DEREHAM ROAD |
| 25 Oct 2021 | £778,039 | £698,000 | BOUNDARY LODGE DAFFY GREEN |
| 6 Aug 2021 | £292,207 | £260,000 | PAPILLON, 58A MARKET STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Swan Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Church Lane |
| Jun 2024 | Anti-social behaviour | On or near Chapel Street | |
| Jun 2024 | Anti-social behaviour | On or near Chapel Street |