£327,988
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £215,000 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2014 the House Price Index for NORFOLK was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £215,000 results in an estimated price of approximately £327,988.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £215,000 | £112,988 | £327,988 |
The Postcode Pricing Model uses changes in average sales price within the PE38 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 | 29.594 % | £63,628 | £278,628 |
| 3 Month Average | 53.784 % | £115,636 | £330,636 |
| 6 Month Average | 64.908 % | £139,551 | £354,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £263,084 | £255,000 | 1 GATELY COTTAGE RAILWAY ROAD |
| 10 Oct 2023 | £204,648 | £200,000 | 6 DAISY LANE |
| 17 Aug 2023 | £251,537 | £247,000 | 16 DAISY LANE |
| 10 Feb 2023 | £261,748 | £260,000 | 8 CLOVER LANE |
| 7 Feb 2023 | £367,455 | £365,000 | 11 VICTORIA STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 14 Aug 2013. Using an estimated price of £327,988 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on BRICKFIELDS LANE is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Brickfields Lane |
| Jul 2024 | Anti-social behaviour | On or near Railway Road | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Railway Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Scott Close |
| May 2024 | Possession of weapons | Unable to prosecute suspect | On or near James Scott Close |