£500,678
This estimated value is based upon the latest sale price for the house of £380,000 on 7 Nov 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £380,000 | 7 Nov 2016 |
| £249,995 | 13 Feb 2009 |
| £289,950 | 20 May 2004 |
| 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 November 2016 the House Price Index for NORFOLK was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £380,000 results in an estimated price of approximately £500,678.
| 7 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £380,000 | £120,678 | £500,678 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | 14.445 % | £54,891 | £434,891 |
| 3 Month Average | 13.988 % | £53,155 | £433,155 |
| 6 Month Average | 22.461 % | £85,353 | £465,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £476,412 | £470,000 | 12 PIGG LANE |
| 9 Jun 2023 | £546,621 | £540,000 | 6 OLD MILLERS WHARF |
| 19 Aug 2022 | £373,993 | £375,000 | 9 JOSEPH LANCASTER WAY |
| 27 Jul 2022 | £6,299 | £6,282 | 15 PIGG LANE |
| 12 Jul 2022 | £543,964 | £542,500 | 3 ST EDMUNDS WHARF |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Joseph Lancaster Way |
| Mar 2024 | Public order | Under investigation | On or near Joseph Lancaster Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Joseph Lancaster Way |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bedding Lane |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Bedding Lane |