£350,131
This estimated value is based upon the latest sale price for the house of £340,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £340,000 | 14 Apr 2022 |
| £138,000 | 25 Jul 2003 |
| £52,000 | 18 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2022 the House Price Index for NORFOLK was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £340,000 results in an estimated price of approximately £350,131.
| 14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £340,000 | £10,131 | £350,131 |
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 | 353.386 % | £1,201,511 | £1,541,511 |
| 3 Month Average | 46.498 % | £158,094 | £498,094 |
| 6 Month Average | 11.369 % | £38,655 | £378,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £167,683 | £165,200 | 6 COCK STREET |
| 24 Nov 2023 | £177,630 | £175,000 | 22 POYNT CLOSE |
| 26 Sep 2023 | £222,849 | £220,000 | 28 PALM CLOSE |
| 28 Jul 2023 | £283,820 | £280,000 | 7 COCK STREET |
| 8 Mar 2023 | £319,005 | £316,000 | 4 PALM CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Jan 2020. Using an estimated price of £350,132 means this house is valued at £4,668 per sq meter (£433 per sq foot).
The average size of a house on CHAPEL LANE is 143 sq meters (1,549 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stile Lane |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Poynt Close |
| Apr 2024 | Anti-social behaviour | On or near Fern Court | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fern Court |
| Mar 2024 | Anti-social behaviour | On or near Elkins Road |