£338,739
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £255,000 | 30 Sep 2016 |
| £207,000 | 25 May 2005 |
| £113,495 | 9 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 September 2016 the House Price Index for NORFOLK was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £255,000 results in an estimated price of approximately £338,739.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £255,000 | £83,739 | £338,739 |
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 | 52.728 % | £134,457 | £389,457 |
| 3 Month Average | 34.570 % | £88,152 | £343,152 |
| 6 Month Average | 20.102 % | £51,259 | £306,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £350,184 | £345,000 | 79 VANE CLOSE |
| 21 Sep 2023 | £319,080 | £315,000 | 38 VANE CLOSE |
| 18 Aug 2023 | £312,736 | £310,000 | 76 VANE CLOSE |
| 18 Aug 2023 | £343,001 | £340,000 | 10 VANE CLOSE |
| 10 Jul 2023 | £273,683 | £270,000 | 24 VANE CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 13 Jul 2016. Using an estimated price of £338,740 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on VANE CLOSE is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |