£306,372
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 28 Feb 2022 |
| £162,000 | 31 Jan 2006 |
| £62,950 | 26 Feb 1999 |
| Detached |
| Freehold |
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 February 2022 the House Price Index for NORFOLK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £290,000 results in an estimated price of approximately £306,372.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £290,000 | £16,372 | £306,372 |
The Postcode Pricing Model uses changes in average sales price within the PE31 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 | -15.947 % | £-46,246 | £243,753 |
| 3 Month Average | -14.231 % | £-41,270 | £248,729 |
| 6 Month Average | 10.719 % | £31,086 | £321,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £395,140 | £392,500 | 57 LYNN ROAD |
| 25 Mar 2022 | £234,885 | £225,000 | 11 PARK LANE |
| 28 Feb 2022 | £306,373 | £290,000 | 18 LONG VIEW CLOSE |
| 12 Jan 2022 | £249,147 | £235,000 | 9 LONG VIEW CLOSE |
| 28 Oct 2021 | £267,520 | £240,000 | 35 SHELDUCK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near School Road | |
| Aug 2024 | Anti-social behaviour | On or near School Road | |
| Aug 2024 | Anti-social behaviour | On or near School Road |