£191,923
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Apr 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £185,000 | 6 Apr 2022 |
| £172,000 | 31 May 2018 |
| £150,000 | 30 Sep 2016 |
| £49,950 | 8 Jun 1999 |
| £37,500 | 27 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 April 2022 the House Price Index for NORFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £185,000 results in an estimated price of approximately £191,923.
| 6 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £185,000 | £6,923 | £191,923 |
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 | 22.291 % | £41,238 | £226,238 |
| 3 Month Average | 3.847 % | £7,116 | £192,116 |
| 6 Month Average | 11.741 % | £21,720 | £206,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £353,018 | £345,000 | 27 REVELL ROAD |
| 14 Aug 2023 | £356,429 | £350,000 | 57 GREENWICH CLOSE |
| 9 Mar 2023 | £395,098 | £388,500 | 17 REVELL ROAD |
| 28 Feb 2023 | £317,118 | £315,000 | 31 GREENWICH CLOSE |
| 20 Oct 2022 | £441,027 | £442,500 | 27 PARK LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 14 Jul 2016. Using an estimated price of £191,923 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on PARK LANE is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near West Way |
| Sep 2024 | Drugs | Offender given a caution | On or near Campion Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Churchill Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Churchill Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Way |