£422,021
This estimated value is based upon the latest sale price for the house of £346,000 on 6 Jan 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£346,000 | 6 Jan 2020 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2020 the House Price Index for NORFOLK was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £346,000 results in an estimated price of approximately £422,021.
6 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £346,000 | £76,021 | £422,021 |
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 | 449.494 % | £1,555,248 | £1,901,248 |
3 Month Average | 72.324 % | £250,242 | £596,242 |
6 Month Average | 24.075 % | £83,298 | £429,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £167,683 | £165,200 | 6 COCK STREET |
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 |
27 Jul 2022 | £436,174 | £435,000 | 3 MELTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Nov 2019. Using an estimated price of £422,021 means this house is valued at £5,024 per sq meter (£466 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 | Other theft | Unable to prosecute suspect | On or near Elkins Road |