£340,218
This estimated value is based upon the latest sale price for the house of £273,500 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £273,500 | 29 Jun 2018 |
| £169,950 | 7 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 June 2018 the House Price Index for NORFOLK was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £273,500 results in an estimated price of approximately £340,218.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £273,500 | £66,718 | £340,218 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 86.455 % | £236,455 | £509,955 |
| 3 Month Average | 44.311 % | £121,191 | £394,691 |
| 6 Month Average | 14.268 % | £39,024 | £312,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £263,367 | £260,000 | 8 HEARTSEASE LANE |
| 7 Jul 2023 | £268,615 | £265,000 | 7 BORROWDALE DRIVE |
| 23 Mar 2023 | £295,282 | £292,500 | 21 HEARTSEASE LANE |
| 25 Mar 2022 | £528,494 | £510,000 | 6 PLUMSTEAD ROAD EAST |
| 16 Mar 2022 | £424,868 | £410,000 | 15 HEARTSEASE LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 15 Apr 2014. Using an estimated price of £340,218 means this house is valued at £2,932 per sq meter (£272 per sq foot).
The average size of a house on HEARTSEASE LANE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vancouver Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vancouver Road |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |