£366,957
This estimated value is based upon the latest sale price for the house of £310,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £310,000 | 21 Aug 2020 |
| £40,000 | 22 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £310,000 results in an estimated price of approximately £366,957.
| 21 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £310,000 | £56,957 | £366,957 |
The Postcode Pricing Model uses changes in average sales price within the PE37 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 | 37.229 % | £115,409 | £425,409 |
| 3 Month Average | 22.151 % | £68,667 | £378,667 |
| 6 Month Average | 14.714 % | £45,614 | £355,614 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Mar 2019.
The average size of a house on SHOEMAKERS LANE is 188 sq meters (2,025 sq feet).
This house is the smallest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Queen Street |