£314,299
This estimated value is based upon the latest sale price for the house of £255,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£255,000 | 14 Feb 2020 |
£245,000 | 24 Aug 2007 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £255,000 results in an estimated price of approximately £314,299.
14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £255,000 | £59,299 | £314,299 |
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 | -13.298 % | £-33,910 | £221,089 |
3 Month Average | -5.384 % | £-13,729 | £241,270 |
6 Month Average | 4.746 % | £12,102 | £267,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £173,507 | £172,000 | 6 EAST LODGE HARVEY LANE |
22 Mar 2024 | £226,480 | £223,000 | 24 MORSE ROAD |
17 Mar 2024 | £228,511 | £225,000 | 32A HARVEY LANE |
22 Sep 2023 | £182,012 | £178,000 | 12 EAST LODGE HARVEY LANE |
31 Aug 2023 | £208,765 | £205,000 | 52 MORSE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 5 Nov 2012. Using an estimated price of £314,299 means this house is valued at £3,142 per sq meter (£291 per sq foot).
The average size of a house on HARVEY LANE is 103 sq meters (1,111 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Lime Tree Avenue | |
May 2024 | Other theft | Unable to prosecute suspect | On or near Lime Tree Avenue |
Jul 2024 | Anti-social behaviour | On or near Boulton Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvey Lane |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvey Lane |