£208,521
This estimated value is based upon the latest sale price for the house of £69,950 on 8 Mar 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £69,950 | 8 Mar 2002 |
| £51,000 | 8 Jun 1999 |
| £42,500 | 12 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2002 the House Price Index for NORFOLK was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £69,950 results in an estimated price of approximately £208,521.
| 8 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £69,950 | £138,571 | £208,521 |
The Postcode Pricing Model uses changes in average sales price within the NR23 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 | 340.933 % | £238,482 | £308,432 |
| 3 Month Average | 389.274 % | £272,297 | £342,247 |
| 6 Month Average | 309.628 % | £216,584 | £286,534 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 2 May 2012.
The average size of a house on KNITTING NEEDLE LANE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Neilsen Close |
| Mar 2024 | Drugs | Under investigation | On or near Neilsen Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Neilsen Close |
| Feb 2024 | Anti-social behaviour | On or near Neilsen Close | |
| Feb 2024 | Anti-social behaviour | On or near Neilsen Close |