£501,349
This estimated value is based upon the latest sale price for the house of £500,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £500,000 | 15 Jul 2022 |
| £342,500 | 1 Dec 2017 |
| 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 July 2022 the House Price Index for NORFOLK was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £500,000 results in an estimated price of approximately £501,349.
| 15 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £500,000 | £1,349 | £501,349 |
The Postcode Pricing Model uses changes in average sales price within the IP26 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 | -40.534 % | £-202,671 | £297,328 |
| 3 Month Average | -29.745 % | £-148,724 | £351,275 |
| 6 Month Average | -16.341 % | £-81,707 | £418,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £304,508 | £300,000 | 24 THE AVENUE |
| 29 Aug 2023 | £464,060 | £460,000 | 23 MAIN ROAD |
| 21 Aug 2023 | £605,295 | £600,000 | WENTS FARMHOUSE NORTHWOLD ROAD |
| 15 Jul 2022 | £501,350 | £500,000 | HITHE, 2 HOLDERS LANE |
| 8 Feb 2022 | £566,295 | £540,000 | THE LODGE MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Scott'S Lane |
| Jan 2024 | Possession of weapons | Under investigation | On or near Brook Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoke Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stoke Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoke Road |