£1,194,964
This estimated value is based upon the latest sale price for the house of £195,000 on 20 Sep 2024. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There have been two burglaries within the last year on or near Lancaster Close
More crime details
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| Price Paid | Date |
|---|---|
| £195,000 | 20 Sep 2024 |
| 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 September 2024 the House Price Index for NORFOLK was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £195,000 results in an estimated price of approximately £1,194,964.
| 20 Sep 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £195,000 | £999,964 | £1,194,964 |
The Postcode Pricing Model uses changes in average sales price within the NR12 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 | -27.211 % | £-53,061 | £141,938 |
| 3 Month Average | -6.137 % | £-11,967 | £183,032 |
| 6 Month Average | -3.618 % | £-7,054 | £187,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £195,000 | £195,000 | 33 INGHAM ROAD |
| 15 Dec 2023 | £268,243 | £260,000 | 35 TERESA ROAD |
| 5 Oct 2023 | £286,507 | £280,000 | 50 TERESA ROAD |
| 21 Aug 2023 | £211,057 | £207,250 | 12 BATCHELORS LOKE |
| 14 Aug 2023 | £203,673 | £200,000 | 31 ST BENETS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Lancaster Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Close |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Granville Close |
| Jul 2024 | Drugs | Local resolution | On or near Ingham Road |