£242,426
This estimated value is based upon the latest sale price for the house of £173,000 on 16 Oct 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £173,000 | 16 Oct 2015 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 sq feet |
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 October 2015 the House Price Index for NORFOLK was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £173,000 results in an estimated price of approximately £242,426.
| 16 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.0 | 40.131 % | £173,000 | £69,426 | £242,426 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 68.626 % | £118,723 | £291,723 |
| 3 Month Average | 38.287 % | £66,236 | £239,236 |
| 6 Month Average | 36.083 % | £62,423 | £235,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £230,780 | £230,000 | 22 HORSEMAN CLOSE |
| 31 Jul 2023 | £237,244 | £235,000 | 24 HORSEMAN CLOSE |
| 26 Jun 2023 | £332,698 | £330,000 | 7 PALOMINO DRIVE |
| 1 Jun 2023 | £241,962 | £240,000 | 22 WILLOW ROAD |
| 3 Feb 2023 | £288,635 | £290,000 | 4 WILLOW ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Jun 2015. Using an estimated price of £242,426 means this house is valued at £3,189 per sq meter (£296 per sq foot).
The average size of a house on FOAL LANE is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Anti-social behaviour | On or near Willow Road | |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Willow Road |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Piebald Close |