£227,240
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Mar 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2018 the House Price Index for NORFOLK was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £180,000 results in an estimated price of approximately £227,240.
| 15 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £180,000 | £47,240 | £227,240 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 12.193 % | £21,948 | £201,948 |
| 3 Month Average | 14.873 % | £26,770 | £206,770 |
| 6 Month Average | 10.302 % | £18,543 | £198,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £110,908 | £107,500 | FLAT 7 OLD COACH HOUSE COURT MENDHAM LANE |
| 28 Nov 2023 | £1,026,045 | £1,000,000 | MEADOWS, 1 STRAIGHT LANE |
| 15 Nov 2023 | £389,897 | £380,000 | 34 MENDHAM LANE |
| 27 Oct 2023 | £204,648 | £200,000 | 39 BRIAR ROAD |
| 15 Aug 2023 | £143,081 | £140,500 | FLAT 1A OLD COACH HOUSE COURT MENDHAM LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Jan 2018. Using an estimated price of £227,240 means this house is valued at £2,611 per sq meter (£242 per sq foot).
The average size of a house on PARKLANDS WAY is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Badger Close |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Mendham Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bullfinch Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaffinch Mews |