£967,064
This estimated value is based upon the latest sale price for the house of £825,000 on 15 Sep 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £825,000 | 15 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 September 2020 the House Price Index for NORFOLK was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £825,000 results in an estimated price of approximately £967,064.
| 15 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £825,000 | £142,064 | £967,064 |
The Postcode Pricing Model uses changes in average sales price within the NR25 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 | -52.859 % | £-436,087 | £388,912 |
| 3 Month Average | 26.858 % | £221,580 | £1,046,580 |
| 6 Month Average | 22.044 % | £181,863 | £1,006,863 |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 22 Jul 2020.
The average size of a house on VALLEY LANE is 153 sq meters (1,656 sq feet).
This house is the largest in the street with a floor area of 190 sq meters (2,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Carpenters Cottages |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |