£142,575
This estimated value is based upon the latest sale price for the house of £60,000 on 2 Jun 2003. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £60,000 | 2 Jun 2003 |
| £59,612 | 22 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 June 2003 the House Price Index for NORFOLK was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £60,000 results in an estimated price of approximately £142,575.
| 2 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £60,000 | £82,575 | £142,575 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 71.773 % | £43,063 | £103,063 |
| 3 Month Average | 73.468 % | £44,080 | £104,080 |
| 6 Month Average | 82.434 % | £49,460 | £109,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £353,986 | £345,000 | 79 VANE CLOSE |
| 31 Oct 2023 | £266,042 | £260,000 | 65 MARY CHAPMAN CLOSE |
| 21 Sep 2023 | £322,100 | £315,000 | 38 VANE CLOSE |
| 18 Aug 2023 | £346,245 | £340,000 | 10 VANE CLOSE |
| 18 Aug 2023 | £315,694 | £310,000 | 76 VANE CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Nov 2012. Using an estimated price of £142,575 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on VANE CLOSE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Vane Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vane Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Mary Chapman Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Chapman Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cavalier Close |