£259,988
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Oct 2020 |
| £134,950 | 22 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2020 the House Price Index for NORFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £220,000 results in an estimated price of approximately £259,988.
| 15 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £220,000 | £39,988 | £259,988 |
The Postcode Pricing Model uses changes in average sales price within the PE37 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 | 25.418 % | £55,918 | £275,918 |
| 3 Month Average | 24.140 % | £53,107 | £273,107 |
| 6 Month Average | 11.249 % | £24,747 | £244,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £127,296 | £125,000 | 41 LYNN ROAD |
| 8 Jun 2023 | £193,885 | £190,000 | 21 MOUNT CLOSE |
| 27 Jan 2023 | £115,308 | £115,000 | 55 LYNN ROAD |
| 25 Nov 2022 | £427,999 | £430,000 | CHERRY TREES WEST ACRE ROAD |
| 28 Oct 2022 | £299,001 | £300,000 | 47 OAKLEIGH DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 May 2019. Using an estimated price of £259,989 means this house is valued at £3,610 per sq meter (£335 per sq foot).
The average size of a house on OAKLEIGH DRIVE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Offender given a caution | On or near Lawrence Way |
| Jul 2024 | Vehicle crime | Under investigation | On or near Lawrence Way |
| Oct 2024 | Anti-social behaviour | On or near West Acre Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near West Acre Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shouldham Lane |