£466,941
This estimated value is based upon the latest sale price for the house of £460,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £460,000 | 27 May 2022 |
| £395,000 | 30 Nov 2010 |
| 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 May 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £460,000 results in an estimated price of approximately £466,941.
| 27 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £460,000 | £6,941 | £466,941 |
The Postcode Pricing Model uses changes in average sales price within the NR9 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 | 4.603 % | £21,171 | £481,171 |
| 3 Month Average | 5.269 % | £24,238 | £484,238 |
| 6 Month Average | 20.537 % | £94,472 | £554,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £418,023 | £420,000 | 21 GIBBS CLOSE |
| 16 Sep 2022 | £493,943 | £499,950 | 5 SCHOOL LANE |
| 27 May 2022 | £466,941 | £460,000 | 7 SCHOOL LANE |
| 17 Dec 2021 | £480,173 | £450,000 | FOUR WAYS MILL ROAD |
| 30 Sep 2021 | £563,452 | £525,000 | THE BRAMBLES GREAT MELTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Burnthouse Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burnthouse Lane |
| Apr 2024 | Other theft | Under investigation | On or near Burnthouse Lane |
| Apr 2024 | Other crime | Under investigation | On or near Burnthouse Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnthouse Lane |