£321,595
This estimated value is based upon the latest sale price for the house of £260,000 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 7 Aug 2018 |
| £152,500 | 7 Jul 2004 |
| £55,500 | 18 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2018 the House Price Index for NORFOLK was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £260,000 results in an estimated price of approximately £321,595.
| 7 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £260,000 | £61,595 | £321,595 |
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 | 27.107 % | £70,477 | £330,477 |
| 3 Month Average | 3.575 % | £9,296 | £269,296 |
| 6 Month Average | 15.642 % | £40,668 | £300,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £302,853 | £300,000 | 58 BURNHAM AVENUE |
| 17 Feb 2023 | £288,201 | £288,395 | 21 SPRING CLOSE |
| 8 Feb 2023 | £271,317 | £271,500 | 23 SPRING CLOSE |
| 21 Mar 2022 | £366,837 | £354,000 | 2 REFFLEY LANE |
| 16 Mar 2022 | £186,527 | £180,000 | 15 SPRING CLOSE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 24 Apr 2018. Using an estimated price of £321,595 means this house is valued at £2,330 per sq meter (£216 per sq foot).
The average size of a house on REFFLEY LANE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Houghton Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reffley Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Houghton Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Houghton Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Houghton Avenue |