£437,489
This estimated value is based upon the latest sale price for the house of £329,995 on 13 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£329,995 | 13 May 2016 |
£230,250 | 10 Aug 2012 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,016 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 May 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £329,995 results in an estimated price of approximately £437,489.
13 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 146.7 | 32.574 % | £329,995 | £107,494 | £437,489 |
The Postcode Pricing Model uses changes in average sales price within the NR18 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 | 45.156 % | £149,013 | £479,008 |
3 Month Average | 34.269 % | £113,085 | £443,080 |
6 Month Average | 24.780 % | £81,771 | £411,766 |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 28 Feb 2012.
The average size of a house on CHAPEL LANE is 143 sq meters (1,549 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Banister Way | |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Chapel Lane |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Lane |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Frogshall Lane |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hubbard Close |