£225,641
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£220,000 | 14 Apr 2022 |
£189,000 | 15 Nov 2019 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 April 2022 the House Price Index for NORFOLK was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £220,000 results in an estimated price of approximately £225,641.
14 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £220,000 | £5,641 | £225,641 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | -36.351 % | £-79,973 | £140,026 |
3 Month Average | -13.069 % | £-28,752 | £191,247 |
6 Month Average | 0.702 % | £1,544 | £221,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £229,339 | £225,000 | 15 LANCASTER ROAD |
14 Apr 2022 | £225,641 | £220,000 | 21 LANCASTER ROAD |
10 Mar 2022 | £722,455 | £700,000 | 4 MEADOWSWEET LOKE |
3 Feb 2022 | £694,566 | £665,000 | THYME COTTAGE, 2 MEADOWSWEET LOKE |
24 Sep 2021 | £244,699 | £228,000 | 29 THRUSH ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Oct 2019. Using an estimated price of £225,641 means this house is valued at £3,890 per sq meter (£361 per sq foot).
The average size of a house on LANCASTER ROAD is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Spitfire Close |
Apr 2024 | Public order | Under investigation | On or near Lancaster Road |
Mar 2024 | Anti-social behaviour | On or near Lancaster Road | |
Mar 2024 | Anti-social behaviour | On or near Lancaster Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Phoenix Way |