£406,324
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 29 Apr 2016 |
| 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 April 2016 the House Price Index for NORFOLK was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £300,000 results in an estimated price of approximately £406,324.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £300,000 | £106,324 | £406,324 |
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 | -15.427 % | £-46,280 | £253,719 |
| 3 Month Average | 30.249 % | £90,747 | £390,747 |
| 6 Month Average | 27.684 % | £83,053 | £383,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £407,026 | £401,000 | 2 ABBEY COTTAGES CARR LANE |
| 26 Sep 2023 | £292,237 | £288,500 | 4 STATION ROAD |
| 12 Apr 2023 | £399,299 | £395,000 | OLD SCHOOL COTTAGE SWAFFHAM ROAD |
| 5 Sep 2022 | £582,794 | £587,500 | MITRE LODGE CROWN LANE |
| 25 Mar 2022 | £287,770 | £277,700 | RIVENDELL STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Carr Lane |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Crown Lane |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |