£540,249
This estimated value is based upon the latest sale price for the house of £315,000 on 15 Jan 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£315,000 | 15 Jan 2010 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,823 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 January 2010 the House Price Index for NORFOLK was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £315,000 results in an estimated price of approximately £540,249.
15 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.508 % | £315,000 | £225,249 | £540,249 |
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 | 47.464 % | £149,512 | £464,512 |
3 Month Average | 45.950 % | £144,742 | £459,742 |
6 Month Average | 50.479 % | £159,008 | £474,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £334,274 | £330,000 | 8 FFOLKES DRIVE |
6 Sep 2023 | £363,143 | £358,500 | 9 DAWNAY AVENUE |
27 Feb 2023 | £259,825 | £260,000 | 21 HALL ROAD |
20 Jan 2023 | £312,030 | £313,500 | 26 SOUTH WOOTTON LANE |
30 Aug 2022 | £322,133 | £323,000 | 5 FFOLKES DRIVE |
This house has a floor area of 169 sq meters or 1,823 sq feet when measured on 7 May 2009. Using an estimated price of £540,250 means this house is valued at £3,189 per sq meter (£296 per sq foot).
The average size of a house on SOUTH WOOTTON LANE is 132 sq meters (1,423 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willow Park |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willow Park |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Willow Park |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Park |
Feb 2024 | Burglary | Under investigation | On or near Elmhurst Drive |