16 RUSHMEADOW CRESCENT

£272,937

Full Address

16 RUSHMEADOW CRESCENT
DOWNHAM MARKET
NORFOLK
UNITED KINGDOM
PE38 3BT

Estimated Market Value

£272,937

This estimated value is based upon the latest sale price for the house of £159,995 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for NORFOLK 1

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Transactions for this house
Price PaidDate
£159,9951 Jul 2011
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 2011 the House Price Index for NORFOLK was 86.0.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.

Applying this 70.591% change to the original purchase price of £159,995 results in an estimated price of approximately £272,937.

1 Jul 2011 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
86.0 146.7 70.591 % £159,995 £112,942 £272,937

The Postcode Pricing Model uses changes in average sales price within the PE38 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 80.162 % £128,255 £288,250
3 Month Average 52.753 % £84,402 £244,397
6 Month Average 57.889 % £92,619 £252,614
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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