£515,815
This estimated value is based upon the latest sale price for the house of £417,500 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £417,500 | 27 Jun 2019 |
| £325,000 | 3 Jan 2018 |
| 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 June 2019 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £417,500 results in an estimated price of approximately £515,815.
| 27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £417,500 | £98,315 | £515,815 |
The Postcode Pricing Model uses changes in average sales price within the PE33 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 | 13.304 % | £55,543 | £473,043 |
| 3 Month Average | 35.055 % | £146,355 | £563,855 |
| 6 Month Average | 23.095 % | £96,421 | £513,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,624,209 | £1,610,000 | THE OLD RECTORY, 38 RECTORY LANE |
| 16 Jun 2023 | £657,970 | £650,000 | MANOR FARM BUNGALOW CHEQUERS LANE |
| 16 Jan 2023 | £258,781 | £260,000 | 46 COMMON LANE |
| 11 Nov 2022 | £869,468 | £880,000 | RED OAKS RECTORY LANE |
| 3 Aug 2022 | £548,524 | £550,000 | 45 CEDAR GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Hall Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rectory Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Freebridge Haven |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Freebridge Haven |
| Jan 2024 | Anti-social behaviour | On or near Main Road |