£399,316
This estimated value is based upon the latest sale price for the house of £395,000 on 5 Feb 2024. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £395,000 | 5 Feb 2024 |
| £180,000 | 27 May 2002 |
| 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 February 2024 the House Price Index for NORFOLK was 146.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.093%.Applying this 1.093% change to the original purchase price of £395,000 results in an estimated price of approximately £399,316.
| 5 Feb 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.0 | 1.093 % | £395,000 | £4,316 | £399,316 |
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 | 17.726 % | £70,016 | £465,016 |
| 3 Month Average | 10.790 % | £42,621 | £437,621 |
| 6 Month Average | 13.550 % | £53,523 | £448,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £530,028 | £520,000 | 115 SCHOOL LANE |
| 1 Nov 2023 | £364,682 | £360,000 | 3 BRAYMEADOW LANE |
| 4 Jul 2023 | £403,820 | £400,000 | COLNEYEDGE, 121 SCHOOL LANE |
| 3 Feb 2023 | £890,787 | £895,000 | 1 MANOR FARM BARNS SCHOOL LANE |
| 30 Jan 2023 | £458,473 | £462,500 | 6 BIRCH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Green Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| Apr 2024 | Drugs | Under investigation | On or near School Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |