£359,472
This estimated value is based upon the latest sale price for the house of £295,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £295,000 | 21 Feb 2020 |
| £278,000 | 19 Dec 2016 |
| £218,000 | 17 May 2016 |
| £79,950 | 28 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2020 the House Price Index for NORFOLK was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £295,000 results in an estimated price of approximately £359,472.
| 21 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £295,000 | £64,472 | £359,472 |
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 | 7.710 % | £22,745 | £317,745 |
| 3 Month Average | 18.196 % | £53,678 | £348,678 |
| 6 Month Average | 13.770 % | £40,621 | £335,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £363,438 | £360,000 | 39 POUND LANE |
| 1 Mar 2023 | £261,413 | £260,000 | 14 EASTERN CLOSE |
| 5 Jan 2023 | £245,841 | £248,000 | 20 EASTERN CRESCENT |
| 31 Mar 2022 | £464,435 | £450,000 | 10 CAVALIER CLOSE |
| 11 Feb 2022 | £303,473 | £290,555 | 22 EASTERN CRESCENT |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Mar 2016. Using an estimated price of £359,472 means this house is valued at £3,824 per sq meter (£355 per sq foot).
The average size of a house on POUND LANE is 147 sq meters (1,585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastern Road |
| Jan 2024 | Other theft | Under investigation | On or near Eastern Road |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Eastern Road |
| Apr 2024 | Other crime | Under investigation | On or near Eastern Avenue |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Eastern Avenue |