£368,694
This estimated value is based upon the latest sale price for the house of £365,000 on 6 Jul 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £365,000 | 6 Jul 2022 |
| £248,950 | 31 Aug 2005 |
| £210,000 | 5 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 July 2022 the House Price Index for NORFOLK was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £365,000 results in an estimated price of approximately £368,694.
| 6 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £365,000 | £3,694 | £368,694 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 19.470 % | £71,064 | £436,064 |
| 3 Month Average | -14.723 % | £-53,738 | £311,261 |
| 6 Month Average | -9.447 % | £-34,481 | £330,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £280,242 | £275,000 | 72 LONGWATER LANE |
| 6 Jul 2022 | £368,694 | £365,000 | 48 LONGWATER LANE |
| 1 Jul 2022 | £257,581 | £255,000 | 68A LONGWATER LANE |
| 17 Jun 2022 | £362,754 | £355,000 | 20 LONGDELL HILLS |
| 10 Mar 2022 | £349,718 | £335,000 | 16 LONGDELL HILLS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Aug 2020. Using an estimated price of £368,694 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on LONGWATER LANE is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Loke |
| Apr 2024 | Other crime | Awaiting court outcome | On or near The Loke |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longdell Hills |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longdell Hills |
| Jul 2024 | Anti-social behaviour | On or near Dr Torrens Way |