£295,773
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Lynn Road
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Jul 2016 |
| £85,000 | 11 Aug 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 July 2016 the House Price Index for NORFOLK was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £225,000 results in an estimated price of approximately £295,773.
| 28 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £225,000 | £70,773 | £295,773 |
The Postcode Pricing Model uses changes in average sales price within the PE31 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 | 21.700 % | £48,825 | £273,825 |
| 3 Month Average | 42.590 % | £95,826 | £320,826 |
| 6 Month Average | 39.706 % | £89,338 | £314,338 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lynn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Twite Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wallace Twite Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Twite Way |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hipkin Road |