£371,688
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Oct 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£215,000 | 28 Oct 2011 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 October 2011 the House Price Index for NORFOLK was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £215,000 results in an estimated price of approximately £371,688.
28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £215,000 | £156,688 | £371,688 |
The Postcode Pricing Model uses changes in average sales price within the IP20 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 | 120.574 % | £259,233 | £474,233 |
3 Month Average | 57.327 % | £123,254 | £338,254 |
6 Month Average | 116.331 % | £250,112 | £465,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £188,295 | £185,000 | 41 BULLFINCH DRIVE |
15 Nov 2023 | £385,710 | £380,000 | 34 MENDHAM LANE |
15 Aug 2023 | £141,740 | £140,500 | FLAT 1A OLD COACH HOUSE COURT MENDHAM LANE |
17 Feb 2023 | £244,835 | £245,000 | 36 BULLFINCH DRIVE |
31 Jan 2023 | £115,456 | £116,000 | FLAT 3A OLD COACH HOUSE COURT MENDHAM LANE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 26 Nov 2012. Using an estimated price of £371,688 means this house is valued at £3,289 per sq meter (£305 per sq foot).
The average size of a house on MENDHAM LANE is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Mendham Lane |
Feb 2024 | Anti-social behaviour | On or near Bullfinch Drive | |
Feb 2024 | Anti-social behaviour | On or near Bullfinch Drive | |
Feb 2024 | Anti-social behaviour | On or near Bullfinch Drive | |
Feb 2024 | Anti-social behaviour | On or near Bullfinch Drive |