£417,418
This estimated value is based upon the latest sale price for the house of £268,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £268,000 | 30 May 2014 |
| £240,000 | 21 Sep 2007 |
| £129,950 | 16 Feb 2001 |
| £36,000 | 31 Mar 2000 |
| 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 2014 the House Price Index for NORFOLK was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £268,000 results in an estimated price of approximately £417,418.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £268,000 | £149,418 | £417,418 |
The Postcode Pricing Model uses changes in average sales price within the NR12 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 | 8.650 % | £23,180 | £291,180 |
| 3 Month Average | 30.390 % | £81,444 | £349,444 |
| 6 Month Average | 22.167 % | £59,408 | £327,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £110,000 | £110,000 | COTTAGE 1 RAINBOWS END CHALET PARK MILL LANE |
| 29 Nov 2023 | £113,891 | £111,000 | COTTAGE 63 RAINBOWS END CHALET PARK MILL LANE |
| 16 Oct 2023 | £112,556 | £110,000 | COTTAGE 3 RAINBOWS END CHALET PARK MILL LANE |
| 11 Oct 2023 | £102,324 | £100,000 | COTTAGE 15 RAINBOWS END CHALET PARK MILL LANE |
| 20 Sep 2023 | £131,908 | £129,000 | COTTAGE 29 RAINBOWS END CHALET PARK MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Walcott Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Walcott Road |
| Sep 2024 | Anti-social behaviour | On or near Gooch Close | |
| Sep 2024 | Anti-social behaviour | On or near Gooch Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keswick Road |