£258,675
This estimated value is based upon the latest sale price for the house of £182,500 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £182,500 | 30 Oct 2015 |
| £165,000 | 26 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
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 October 2015 the House Price Index for NORFOLK was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £182,500 results in an estimated price of approximately £258,675.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £182,500 | £76,175 | £258,675 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 20.755 % | £37,878 | £220,378 |
| 3 Month Average | 28.948 % | £52,830 | £235,330 |
| 6 Month Average | 34.364 % | £62,713 | £245,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £279,291 | £275,000 | CHEZ MOI HILL ROAD |
| 18 Sep 2023 | £219,846 | £215,000 | 18 CROFTERS CLOSE |
| 13 Feb 2023 | £291,950 | £290,000 | 14 MILLFIELDS |
| 3 Feb 2023 | £211,412 | £210,000 | 7 CROFTERS CLOSE |
| 18 Nov 2022 | £263,762 | £264,995 | 1A FERN ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Jun 2015. Using an estimated price of £258,676 means this house is valued at £3,543 per sq meter (£329 per sq foot).
The average size of a house on CROFTERS CLOSE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marsh Lane |
| Jun 2024 | Anti-social behaviour | On or near Mill Lane | |
| Jun 2024 | Anti-social behaviour | On or near Mill Lane | |
| Apr 2024 | Drugs | Under investigation | On or near Mill Lane |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Brett Way |