£246,927
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Jul 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £240,000 | 14 Jul 2023 |
| £170,000 | 12 Aug 2016 |
| £157,000 | 21 Sep 2007 |
| £138,000 | 15 Sep 2006 |
| £118,000 | 8 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 743 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 July 2023 the House Price Index for NORFOLK was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £240,000 results in an estimated price of approximately £246,927.
| 14 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £240,000 | £6,927 | £246,927 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | -41.147 % | £-98,752 | £141,247 |
| 3 Month Average | -16.370 % | £-39,287 | £200,712 |
| 6 Month Average | -8.653 % | £-20,766 | £219,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £285,000 | £285,000 | 24 WOODRUFF ROAD |
| 19 Oct 2023 | £142,230 | £139,000 | 48 ETHELREDA DRIVE |
| 19 Oct 2023 | £388,831 | £380,000 | 17 LAWRENCE ROAD |
| 3 Nov 2022 | £368,278 | £370,000 | 10 LAWRENCE ROAD |
| 22 Aug 2022 | £281,315 | £280,000 | 5 ETHELREDA DRIVE |
This house has a floor area of 69 sq meters or 743 sq feet when measured on 7 Aug 2009.
The average size of a house on LAWRENCE ROAD is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Ethelreda Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peter Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peter Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Spindle Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spindle Drive |