£346,508
This estimated value is based upon the latest sale price for the house of £202,000 on 4 Jan 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£202,000 | 4 Jan 2011 |
£134,950 | 3 May 2002 |
£56,950 | 3 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 151 sq meters or 1,625 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 January 2011 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £202,000 results in an estimated price of approximately £346,508.
4 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £202,000 | £144,508 | £346,508 |
The Postcode Pricing Model uses changes in average sales price within the NR6 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 | 16.712 % | £33,758 | £235,758 |
3 Month Average | 75.549 % | £152,608 | £354,608 |
6 Month Average | 70.784 % | £142,984 | £344,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £405,548 | £402,000 | 34 OAK LANE |
15 Aug 2023 | £245,447 | £243,300 | 19 ARDNEY RISE |
19 Jul 2023 | £263,547 | £260,000 | 28 PEMBREY CLOSE |
7 Jul 2023 | £220,467 | £217,500 | 18 OAK LANE |
9 Jun 2023 | £467,665 | £462,000 | 22 OAK LANE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 3 Jun 2010. Using an estimated price of £346,508 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on OAK LANE is 143 sq meters (1,542 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mansel Drive |
Mar 2024 | Robbery | Under investigation | On or near Carterford Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spindle Road |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Spindle Road |