£287,269
This estimated value is based upon the latest sale price for the house of £61,800 on 21 May 1998. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £61,800 | 21 May 1998 |
| Detached |
| Freehold |
| Floor Area: 239 sq meters or 2,572 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 May 1998 the House Price Index for NORFOLK was 31.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 364.838%.Applying this 364.838% change to the original purchase price of £61,800 results in an estimated price of approximately £287,269.
| 21 May 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 146.7 | 364.838 % | £61,800 | £225,469 | £287,269 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 400.513 % | £247,517 | £309,317 |
| 3 Month Average | 371.759 % | £229,747 | £291,547 |
| 6 Month Average | 364.878 % | £225,494 | £287,294 |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 16 Jul 2014.
The average size of a house on PARK LANE is 164 sq meters (1,770 sq feet).
This house is the largest in the street with a floor area of 239 sq meters (2,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Park Lane |
| Feb 2024 | Public order | Under investigation | On or near King'S Arms Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Arms Street |
| Dec 2023 | Anti-social behaviour | On or near Nightclub | |
| Dec 2023 | Anti-social behaviour | On or near Nightclub |