£178,484
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Jul 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near New Lane
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 5 Jul 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 2017 the House Price Index for NORFOLK was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £140,000 results in an estimated price of approximately £178,484.
| 5 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £140,000 | £38,484 | £178,484 |
The Postcode Pricing Model uses changes in average sales price within the NR20 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 | 25.288 % | £35,403 | £175,403 |
| 3 Month Average | 19.701 % | £27,580 | £167,580 |
| 6 Month Average | 29.049 % | £40,668 | £180,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £201,765 | £200,000 | ORCHARD COTTAGE COMMON ROAD |
| 26 Jul 2023 | £527,094 | £520,000 | VINE COTTAGE WELBORNE COMMON |
| 30 Jun 2023 | £182,207 | £180,000 | 1 THE COTTAGE POUND LANE |
| 8 Jun 2023 | £293,556 | £290,000 | FIELD VIEW WELBORNE COMMON |
| 2 Jun 2023 | £217,636 | £215,000 | ROSE COTTAGE POUND LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near New Lane |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Norwich Road |
| Mar 2024 | Anti-social behaviour | On or near Church Plain | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Plain |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Plain |