£305,065
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 Nov 2021 |
| Detached |
| 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 November 2021 the House Price Index for NORFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £280,000 results in an estimated price of approximately £305,065.
| 24 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £280,000 | £25,065 | £305,065 |
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 | 31.890 % | £89,291 | £369,291 |
| 3 Month Average | 11.080 % | £31,023 | £311,023 |
| 6 Month Average | -0.024 % | £-65 | £279,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £287,293 | £280,000 | 12 PAGES LANE |
| 8 Sep 2023 | £161,050 | £157,500 | 28 RICHMOND ROAD |
| 30 Aug 2023 | £256,119 | £251,500 | 7 PAGES LANE |
| 23 Feb 2023 | £475,174 | £472,000 | 3 NEVILLE CLOSE |
| 4 Nov 2022 | £283,674 | £285,000 | 6 ST GEORGES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St George'S Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Neville Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neville Close |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Other crime | Under investigation | On or near Martins Close |