£464,102
This estimated value is based upon the latest sale price for the house of £430,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £430,000 | 22 Dec 2021 |
| £305,000 | 6 Dec 2018 |
| £234,000 | 29 Apr 2016 |
| Semi-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 December 2021 the House Price Index for NORFOLK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £430,000 results in an estimated price of approximately £464,102.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £430,000 | £34,102 | £464,102 |
The Postcode Pricing Model uses changes in average sales price within the PE31 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 | -3.267 % | £-14,047 | £415,952 |
| 3 Month Average | 16.370 % | £70,389 | £500,389 |
| 6 Month Average | 30.742 % | £132,191 | £562,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £300,000 | £300,000 | PLOT 2 MALT ROW STATION ROAD |
| 17 May 2024 | £270,000 | £270,000 | 2 RAILWAY COTTAGES FAKENHAM ROAD |
| 19 Dec 2023 | £247,609 | £240,000 | 16 LYNN ROAD |
| 24 Aug 2023 | £483,724 | £475,000 | LAUNDRY COTTAGE LYNN ROAD |
| 28 Feb 2023 | £186,244 | £185,000 | 3A WHEATFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Norman Road |
| Aug 2024 | Drugs | Local resolution | On or near Hillington Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near School Lane |