£475,912
This estimated value is based upon the latest sale price for the house of £385,000 on 30 May 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £385,000 | 30 May 2019 |
| £285,000 | 2 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 May 2019 the House Price Index for NORFOLK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £385,000 results in an estimated price of approximately £475,912.
| 30 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £385,000 | £90,912 | £475,912 |
The Postcode Pricing Model uses changes in average sales price within the NR21 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 | 57.045 % | £219,623 | £604,623 |
| 3 Month Average | 59.064 % | £227,396 | £612,396 |
| 6 Month Average | 50.490 % | £194,387 | £579,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £254,452 | £250,000 | 4 SANDY LANE |
| 4 Aug 2023 | £484,236 | £480,000 | 53 SCULTHORPE ROAD |
| 5 Aug 2022 | £217,415 | £218,000 | 5 SCULTHORPE EASTGATE |
| 1 Aug 2022 | £259,302 | £260,000 | 11 OLIVIA CLOSE |
| 19 Apr 2022 | £324,387 | £315,000 | 18 SANDY LANE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 9 Mar 2016. Using an estimated price of £475,913 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on SANDY LANE is 113 sq meters (1,224 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kings Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Clarendon Road |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Star Meadow |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Star Meadow |
| Jan 2024 | Public order | Under investigation | On or near Star Meadow |