£239,960
This estimated value is based upon the latest sale price for the house of £195,000 on 5 Aug 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £195,000 | 5 Aug 2019 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2019 the House Price Index for NORFOLK was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £195,000 results in an estimated price of approximately £239,960.
| 5 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £195,000 | £44,960 | £239,960 |
The Postcode Pricing Model uses changes in average sales price within the NR5 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 | 20.259 % | £39,505 | £234,505 |
| 3 Month Average | 5.396 % | £10,521 | £205,521 |
| 6 Month Average | 9.614 % | £18,747 | £213,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £253,238 | £250,000 | 20 GLENDA ROAD |
| 29 Aug 2023 | £353,089 | £350,000 | 76 OLIVE ROAD |
| 8 Mar 2023 | £218,054 | £216,000 | 146 GUNTON LANE |
| 6 Mar 2023 | £204,931 | £203,000 | 100 GUNTON LANE |
| 3 Feb 2023 | £225,848 | £226,000 | 138 GUNTON LANE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Jun 2019. Using an estimated price of £239,960 means this house is valued at £3,933 per sq meter (£365 per sq foot).
The average size of a house on GUNTON LANE is 83 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gunton Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Close |
| Feb 2024 | Anti-social behaviour | On or near Olive Close | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Olive Close |
| Feb 2024 | Anti-social behaviour | On or near Olive Close |