£496,118
This estimated value is based upon the latest sale price for the house of £475,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £475,000 | 28 Feb 2022 |
| 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 February 2022 the House Price Index for NORFOLK was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £475,000 results in an estimated price of approximately £496,118.
| 28 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £475,000 | £21,118 | £496,118 |
The Postcode Pricing Model uses changes in average sales price within the NR17 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 | -68.256 % | £-324,215 | £150,784 |
| 3 Month Average | -24.497 % | £-116,359 | £358,640 |
| 6 Month Average | -6.597 % | £-31,333 | £443,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £287,500 | £287,500 | 55 THE STREET |
| 19 Dec 2023 | £343,499 | £337,000 | THE COTTAGE MILL LANE |
| 10 Aug 2023 | £603,671 | £600,000 | MANOR FARM LODGE ROCKLANDS ROAD |
| 14 Jul 2023 | £1,398,226 | £1,385,000 | OLD HALL BARN PENHILL ROAD |
| 30 Jun 2023 | £302,452 | £300,000 | VADEEN MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Jan 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Jan 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Jan 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Mar 2024 | Burglary | Under investigation | On or near Long Street |