£494,324
This estimated value is based upon the latest sale price for the house of £490,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £490,000 | 30 Aug 2023 |
| £85,500 | 15 Aug 2000 |
| £50,000 | 12 Jul 1995 |
| Detached |
| Freehold |
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 2023 the House Price Index for NORFOLK was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £490,000 results in an estimated price of approximately £494,324.
| 30 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £490,000 | £4,324 | £494,324 |
The Postcode Pricing Model uses changes in average sales price within the NR31 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 | -7.572 % | £-37,103 | £452,896 |
| 3 Month Average | -22.903 % | £-112,223 | £377,776 |
| 6 Month Average | -6.973 % | £-34,169 | £455,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £494,325 | £490,000 | 24 SUN LANE |
| 3 Mar 2023 | £378,567 | £375,000 | 1 HAWTHORN CRESCENT |
| 5 Jul 2022 | £651,754 | £650,000 | 23 HAWTHORN CRESCENT |
| 17 Jun 2022 | £273,870 | £270,000 | 4 FELLOWES DRIVE |
| 5 Apr 2022 | £381,026 | £370,000 | 28 FELLOWES DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sun Lane |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Mulberry Grove |
| Dec 2023 | Possession of weapons | Local resolution | On or near Mulberry Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jews' Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jews' Lane |