£480,571
This estimated value is based upon the latest sale price for the house of £390,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £390,000 | 22 May 2020 |
| £270,000 | 29 May 2007 |
| £154,415 | 5 Apr 2002 |
| £26,000 | 14 Mar 2001 |
| Freehold |
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 May 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 23.224%.Applying this 23.224% change to the original purchase price of £390,000 results in an estimated price of approximately £480,571.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £390,000 | £90,571 | £480,571 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 2.371 % | £9,247 | £399,247 |
| 3 Month Average | 39.047 % | £152,284 | £542,284 |
| 6 Month Average | 18.788 % | £73,272 | £463,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £225,113 | £220,000 | 1 BULLS GREEN LANE |
| 31 Mar 2023 | £747,483 | £735,000 | WALNUT BARN YARMOUTH ROAD |
| 17 Jan 2022 | £296,856 | £280,000 | 5 BECCLES ROAD |
| 12 Nov 2021 | £1,084,072 | £995,000 | WAVENEY LODGE COTTAGE ELMS ROAD |
| 26 Jul 2021 | £526,787 | £455,000 | BURNTHOUSE BARN BURNTHOUSE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Yarmouth Road |
| Aug 2024 | Other theft | Under investigation | On or near Hollow Way Hill |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Hollow Way Hill |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Beccles Road |
| Jun 2024 | Public order | Under investigation | On or near Beccles Road |