£255,021
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£205,000 | 21 Sep 2018 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 September 2018 the House Price Index for NORFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £205,000 results in an estimated price of approximately £255,021.
21 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £205,000 | £50,021 | £255,021 |
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 | 36.728 % | £75,292 | £280,292 |
3 Month Average | 11.692 % | £23,968 | £228,968 |
6 Month Average | 21.998 % | £45,095 | £250,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £219,846 | £215,000 | 18 CROFTERS CLOSE |
24 Feb 2023 | £265,775 | £264,000 | 45 MARSH LANE |
3 Feb 2023 | £211,412 | £210,000 | 7 CROFTERS CLOSE |
6 Jun 2022 | £255,461 | £250,000 | 8 MAGNOLIA DRIVE |
4 Jan 2022 | £257,098 | £242,500 | 15 ORCHARD CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Mar 2018. Using an estimated price of £255,021 means this house is valued at £3,072 per sq meter (£285 per sq foot).
The average size of a house on MAGNOLIA DRIVE is 105 sq meters (1,134 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marsh Lane |
Jun 2024 | Violence and sexual offences | Under investigation | On or near New Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Adelaide Avenue |
Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Brett Way |
Jun 2024 | Anti-social behaviour | On or near Brett Way |