£181,722
This estimated value is based upon the latest sale price for the house of £110,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £110,000 | 31 May 2013 |
| £102,500 | 14 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 443 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 May 2013 the House Price Index for NORFOLK was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.203%.Applying this 65.203% change to the original purchase price of £110,000 results in an estimated price of approximately £181,722.
| 31 May 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.203 % | £110,000 | £71,722 | £181,722 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 54.326 % | £59,758 | £169,758 |
| 3 Month Average | 47.335 % | £52,068 | £162,068 |
| 6 Month Average | 60.924 % | £67,016 | £177,016 |
This house has a floor area of 41 sq meters or 443 sq feet when measured on 1 May 2009.
The average size of a house on PARK LANE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Pembroke Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mill Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doris Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West Parade |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Cardiff Road |