£156,602
This estimated value is based upon the latest sale price for the house of £152,000 on 9 Jan 2024. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £152,000 | 9 Jan 2024 |
| £128,000 | 29 Mar 2016 |
| £114,995 | 26 Nov 2010 |
| Terraced |
| 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 January 2024 the House Price Index for NORFOLK was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £152,000 results in an estimated price of approximately £156,602.
| 9 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £152,000 | £4,602 | £156,602 |
The Postcode Pricing Model uses changes in average sales price within the IP25 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 | 50.657 % | £76,998 | £228,998 |
| 3 Month Average | 6.036 % | £9,174 | £161,174 |
| 6 Month Average | -1.397 % | £-2,123 | £149,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £282,453 | £280,000 | 16 WASHINGTON DRIVE |
| 24 Nov 2023 | £197,001 | £192,000 | 17 LANCASTER AVENUE |
| 7 Jun 2023 | £196,947 | £193,000 | 26 CANBERRA ROAD |
| 21 Apr 2023 | £100,887 | £99,000 | 45 LANCASTER AVENUE |
| 8 Mar 2023 | £96,613 | £95,000 | 43 LANCASTER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Local resolution | On or near Lancaster Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |
| Sep 2024 | Drugs | Local resolution | On or near Lancaster Avenue |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wellington Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Road |