£224,894
This estimated value is based upon the latest sale price for the house of £225,500 on 2 Aug 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,500 | 2 Aug 2022 |
| £90,000 | 4 Feb 2002 |
| £45,000 | 23 Oct 1998 |
| Semi-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 August 2022 the House Price Index for NORFOLK was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £225,500 results in an estimated price of approximately £224,894.
| 2 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £225,500 | £-605 | £224,894 |
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 | 56.614 % | £127,665 | £353,165 |
| 3 Month Average | -13.610 % | £-30,690 | £194,809 |
| 6 Month Average | 25.100 % | £56,601 | £282,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £90,794 | £90,000 | 5 MENDHAM LANE |
| 20 Jan 2023 | £169,203 | £170,000 | 17 MENDHAM LANE |
| 2 Aug 2022 | £224,895 | £225,500 | 9 OLD MARKET PLACE |
| 6 Jun 2022 | £187,855 | £185,200 | 17A MENDHAM LANE |
| 11 May 2022 | £197,726 | £194,000 | 17B BROAD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exchange Street |
| Dec 2023 | Anti-social behaviour | On or near The Thoroughfare |