£440,898
This estimated value is based upon the latest sale price for the house of £365,000 on 25 Aug 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£365,000 | 25 Aug 2020 |
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 2020 the House Price Index for NORFOLK was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £365,000 results in an estimated price of approximately £440,898.
25 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £365,000 | £75,898 | £440,898 |
The Postcode Pricing Model uses changes in average sales price within the NR19 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 | 20.530 % | £74,934 | £439,934 |
3 Month Average | 17.574 % | £64,146 | £429,146 |
6 Month Average | 16.864 % | £61,553 | £426,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £250,000 | £250,000 | 17 DRAYTON HALL LANE |
6 Jan 2023 | £476,273 | £475,000 | THE LAURELS DEREHAM ROAD |
18 Nov 2022 | £186,130 | £187,000 | 17 HARRY BLUNT WAY |
24 Jun 2022 | £536,468 | £525,000 | MEADOW LODGE DRAYTON HALL LANE |
20 May 2022 | £308,025 | £300,000 | EMMERDALE HOUSE DEREHAM ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near New Inn Lane |
May 2024 | Anti-social behaviour | On or near New Inn Lane | |
May 2024 | Anti-social behaviour | On or near New Inn Lane | |
May 2024 | Anti-social behaviour | On or near New Inn Lane | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near New Inn Lane |