£361,550
This estimated value is based upon the latest sale price for the house of £295,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £295,000 | 9 Aug 2019 |
| £171,000 | 30 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2019 the House Price Index for NORFOLK was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £295,000 results in an estimated price of approximately £361,550.
| 9 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £295,000 | £66,550 | £361,550 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 9.585 % | £28,276 | £323,276 |
| 3 Month Average | 18.677 % | £55,097 | £350,097 |
| 6 Month Average | 13.047 % | £38,488 | £333,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £242,590 | £238,000 | 41 BLACKWELL AVENUE |
| 1 Dec 2023 | £295,592 | £290,000 | 37B CROMWELL ROAD |
| 28 Apr 2023 | £292,172 | £290,000 | 10 FAIRSTEAD ROAD |
| 31 Aug 2022 | £357,584 | £360,000 | 2A LAMBERT ROAD |
| 22 Jul 2022 | £544,265 | £545,000 | 55 MOUSEHOLD LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 14 May 2019. Using an estimated price of £361,551 means this house is valued at £3,410 per sq meter (£316 per sq foot).
The average size of a house on LAMBERT ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holly Bank |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Blackwell Avenue |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |