£341,197
This estimated value is based upon the latest sale price for the house of £210,000 on 7 Nov 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £210,000 | 7 Nov 2013 |
| £187,000 | 29 Aug 2006 |
| 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 November 2013 the House Price Index for NORFOLK was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £210,000 results in an estimated price of approximately £341,197.
| 7 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £210,000 | £131,197 | £341,197 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 107.714 % | £226,199 | £436,199 |
| 3 Month Average | 74.321 % | £156,073 | £366,073 |
| 6 Month Average | 48.983 % | £102,864 | £312,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £167,938 | £165,000 | 2 RICHMOND COURT YARMOUTH ROAD |
| 10 Nov 2023 | £268,982 | £265,000 | 7 CHAPEL LANE |
| 27 Apr 2023 | £232,503 | £230,000 | 8D CHAPEL LANE |
| 13 Jan 2023 | £452,867 | £455,000 | 63A YARMOUTH ROAD |
| 9 Jun 2022 | £248,512 | £245,000 | 8C CHAPEL LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Jun 2013. Using an estimated price of £341,198 means this house is valued at £4,489 per sq meter (£417 per sq foot).
The average size of a house on CHAPEL LANE is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dales Loke |
| Feb 2024 | Anti-social behaviour | On or near Dales Loke | |
| Feb 2024 | Anti-social behaviour | On or near Dales Loke | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near A1242 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside Road |