£423,272
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Jan 2014. 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 Mackenzie Road
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Jan 2014 |
| £249,000 | 28 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,278 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 January 2014 the House Price Index for NORFOLK was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £265,000 results in an estimated price of approximately £423,272.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £265,000 | £158,272 | £423,272 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 59.151 % | £156,749 | £421,749 |
| 3 Month Average | 70.918 % | £187,931 | £452,931 |
| 6 Month Average | 57.360 % | £152,005 | £417,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £413,618 | £410,000 | 74 BRANDON ROAD |
| 13 Apr 2023 | £308,320 | £305,000 | 7 REDCASTLE ROAD |
| 6 Mar 2023 | £436,613 | £432,500 | 112 BRANDON ROAD |
| 18 Jan 2023 | £612,117 | £615,000 | MONTEMAYOR BRANDON ROAD |
| 4 Jan 2023 | £243,851 | £245,000 | 374 ST JOHNS WAY |
This house has a floor area of 118 sq meters or 1,278 sq feet when measured on 7 Oct 2011. Using an estimated price of £423,272 means this house is valued at £3,564 per sq meter (£331 per sq foot).
There is one other house on the street which we know the size of, this is 2 WARREN CLOSE it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Mackenzie Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mackenzie Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mackenzie Road |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Mackenzie Road |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Burlington Close |