£181,504
This estimated value is based upon the latest sale price for the house of £149,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £149,000 | 24 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 July 2020 the House Price Index for NORFOLK was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £149,000 results in an estimated price of approximately £181,504.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £149,000 | £32,504 | £181,504 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 17.347 % | £25,847 | £174,847 |
| 3 Month Average | 13.288 % | £19,798 | £168,798 |
| 6 Month Average | 9.037 % | £13,465 | £162,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2023 | £75,720 | £74,000 | 2C SPROWSTON ROAD |
| 1 Sep 2023 | £189,170 | £185,000 | 147A MAGDALEN ROAD |
| 20 Jun 2023 | £137,761 | £135,000 | 38 HOWARD MEWS |
| 14 Apr 2023 | £203,812 | £200,000 | 54 LAWSON ROAD |
| 3 Apr 2023 | £152,859 | £150,000 | 2D SPROWSTON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Mar 2020. Using an estimated price of £181,505 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on LAWSON ROAD is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lawson Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Lawson Road |
| Aug 2024 | Bicycle theft | Unable to prosecute suspect | On or near Lawson Road |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Lawson Road |
| Aug 2024 | Bicycle theft | Unable to prosecute suspect | On or near Lawson Road |