£164,789
This estimated value is based upon the latest sale price for the house of £122,000 on 22 Mar 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £122,000 | 22 Mar 2016 |
| £124,950 | 16 Mar 2007 |
| £41,000 | 13 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 736 sq feet |
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 March 2016 the House Price Index for NORFOLK was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £122,000 results in an estimated price of approximately £164,789.
| 22 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £122,000 | £42,789 | £164,789 |
The Postcode Pricing Model uses changes in average sales price within the PE30 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 | 41.819 % | £51,019 | £173,019 |
| 3 Month Average | 19.601 % | £23,913 | £145,913 |
| 6 Month Average | 27.475 % | £33,519 | £155,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £254,452 | £250,000 | ROMAR NEW STREET |
| 18 Sep 2023 | £217,785 | £215,000 | 18 CROFTERS CLOSE |
| 11 Jul 2023 | £264,561 | £261,000 | 5 MAGNOLIA DRIVE |
| 24 Mar 2023 | £375,538 | £372,000 | 15 MARSH LANE |
| 24 Feb 2023 | £263,822 | £264,000 | 45 MARSH LANE |
This house has a floor area of 68 sq meters or 736 sq feet when measured on 22 Apr 2011. Using an estimated price of £164,790 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on MARSH LANE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Folly Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folly Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Magnolia Drive |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Magnolia Drive |