£387,740
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Nov 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 13 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,454 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 November 2009 the House Price Index for NORFOLK was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £225,000 results in an estimated price of approximately £387,740.
| 13 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £225,000 | £162,740 | £387,740 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 96.402 % | £216,905 | £441,905 |
| 3 Month Average | 97.328 % | £218,988 | £443,988 |
| 6 Month Average | 87.089 % | £195,950 | £420,950 |
This house has a floor area of 135 sq meters or 1,454 sq feet when measured on 27 Mar 2009.
The average size of a house on GROVE LANE is 169 sq meters (1,828 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near West Close | |
| Feb 2024 | Anti-social behaviour | On or near West Close | |
| Dec 2023 | Anti-social behaviour | On or near North Park | |
| Dec 2023 | Anti-social behaviour | On or near North Park | |
| Dec 2023 | Anti-social behaviour | On or near North Park |