£409,945
This estimated value is based upon the latest sale price for the house of £73,000 on 18 Sep 1995. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £73,000 | 18 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 1995 the House Price Index for NORFOLK was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 461.569%.Applying this 461.569% change to the original purchase price of £73,000 results in an estimated price of approximately £409,945.
| 18 Sep 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 461.569 % | £73,000 | £336,945 | £409,945 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 339.460 % | £247,805 | £320,805 |
| 3 Month Average | 437.875 % | £319,648 | £392,648 |
| 6 Month Average | 400.411 % | £292,300 | £365,300 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Oct 2020.
The average size of a house on CASTLE LANE is 214 sq meters (2,308 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Castle Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |