£543,319
This estimated value is based upon the latest sale price for the house of £406,000 on 12 Sep 2016. 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 Stratford Crescent
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| Price Paid | Date |
|---|---|
| £406,000 | 12 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 September 2016 the House Price Index for NORFOLK was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £406,000 results in an estimated price of approximately £543,319.
| 12 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £406,000 | £137,319 | £543,319 |
The Postcode Pricing Model uses changes in average sales price within the NR4 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 | 23.324 % | £94,696 | £500,696 |
| 3 Month Average | 27.529 % | £111,767 | £517,767 |
| 6 Month Average | 18.380 % | £74,621 | £480,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £761,703 | £750,000 | 16 NEWFOUND DRIVE |
| 27 Oct 2023 | £399,064 | £390,000 | 3 HARMER CRESCENT |
| 18 Aug 2023 | £585,561 | £575,000 | 21 NEWFOUND DRIVE |
| 27 Jan 2023 | £506,353 | £505,000 | 2 SOFTLEY DRIVE |
| 12 Jan 2023 | £2,005,358 | £2,000,000 | 84 COLNEY LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 24 Feb 2016. Using an estimated price of £543,319 means this house is valued at £4,683 per sq meter (£435 per sq foot).
The average size of a house on GURNEY LANE is 190 sq meters (2,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Stratford Crescent |
| Jul 2024 | Anti-social behaviour | On or near Harmer Lane | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechcroft Court |
| Jun 2024 | Public order | Under investigation | On or near Rowan Way |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Rowan Way |