£356,995
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Jun 2007. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 25 Jun 2007 |
| 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 June 2007 the House Price Index for NORFOLK was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £225,000 results in an estimated price of approximately £356,995.
| 25 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £225,000 | £131,995 | £356,995 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 95.064 % | £213,894 | £438,894 |
| 3 Month Average | 64.039 % | £144,086 | £369,086 |
| 6 Month Average | 45.165 % | £101,621 | £326,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £458,014 | £450,000 | 1 HARVEY CLOSE |
| 7 Jul 2023 | £471,344 | £465,000 | 11 MARGETSON AVENUE |
| 23 Jun 2022 | £273,870 | £270,000 | 16 ST WILLIAMS WAY |
| 8 Apr 2022 | £333,320 | £323,675 | 10 MARGETSON AVENUE |
| 25 Mar 2022 | £528,494 | £510,000 | 6 PLUMSTEAD ROAD EAST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margetson Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supple Close |
| Mar 2024 | Anti-social behaviour | On or near Supple Close | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Supple Close |
| Mar 2024 | Anti-social behaviour | On or near Supple Close |