£371,346
This estimated value is based upon the latest sale price for the house of £265,000 on 22 Oct 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £265,000 | 22 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2015 the House Price Index for NORFOLK was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £265,000 results in an estimated price of approximately £371,346.
| 22 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.0 | 40.131 % | £265,000 | £106,346 | £371,346 |
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 | 39.803 % | £105,476 | £370,476 |
| 3 Month Average | 37.564 % | £99,544 | £364,544 |
| 6 Month Average | 38.512 % | £102,056 | £367,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £131,241 | £130,000 | 15 TRACEY ROAD |
| 17 Jan 2023 | £351,909 | £355,000 | 132 FURZE ROAD |
| 21 Jul 2022 | £364,507 | £365,000 | 200 THUNDER LANE |
| 14 Jul 2022 | £401,957 | £402,500 | 118 FURZE ROAD |
| 14 Jul 2022 | £384,480 | £385,000 | 142 FURZE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Jul 2015. Using an estimated price of £371,346 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on THUNDER LANE is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Furze Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Furze Road |
| Apr 2024 | Public order | Local resolution | On or near The Cottage Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tracey Road |