£209,692
This estimated value is based upon the latest sale price for the house of £174,100 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £174,100 | 12 Mar 2020 |
| £59,950 | 28 Mar 2000 |
| £39,000 | 20 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 March 2020 the House Price Index for NORFOLK was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £174,100 results in an estimated price of approximately £209,692.
| 12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £174,100 | £35,592 | £209,692 |
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 | 87.382 % | £152,132 | £326,232 |
| 3 Month Average | 65.064 % | £113,276 | £287,376 |
| 6 Month Average | 25.522 % | £44,433 | £218,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £205,000 | £205,000 | 6 LIME GROVE |
| 7 Jul 2023 | £220,467 | £217,500 | 14 EARLS STREET |
| 1 Jun 2023 | £212,575 | £210,000 | 9 SUTHERLAND COURT |
| 31 Mar 2023 | £161,522 | £160,000 | 5 GROVE LANE |
| 13 Mar 2023 | £257,425 | £255,000 | 27 GROVE LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 20 Nov 2019. Using an estimated price of £209,692 means this house is valued at £3,226 per sq meter (£299 per sq foot).
The average size of a house on GROVE LANE is 57 sq meters (615 sq feet).
This house is the largest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grove Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grove Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lime Grove |