£1,012,583
This estimated value is based upon the latest sale price for the house of £830,000 on 1 Jun 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £830,000 | 1 Jun 2020 |
| 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 June 2020 the House Price Index for NORFOLK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £830,000 results in an estimated price of approximately £1,012,583.
| 1 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £830,000 | £182,583 | £1,012,583 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 14.785 % | £122,714 | £952,714 |
| 3 Month Average | 37.892 % | £314,504 | £1,144,504 |
| 6 Month Average | 19.748 % | £163,906 | £993,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £416,114 | £412,500 | 4 CHAPEL LOKE |
| 19 Jun 2023 | £316,339 | £310,000 | 8 SCHOOL LANE |
| 4 Apr 2023 | £305,718 | £300,000 | 20 QUEEN STREET |
| 29 Mar 2023 | £259,331 | £255,000 | 2 STATION ROAD |
| 16 Sep 2022 | £589,606 | £590,000 | OPUS HOUSE BUNWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chapel Loke |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Loke |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near School Lane |
| Jul 2024 | Public order | Under investigation | On or near School Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |