£197,438
This estimated value is based upon the latest sale price for the house of £161,000 on 11 Oct 2019. 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 Magpie Road
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| Price Paid | Date |
|---|---|
| £161,000 | 11 Oct 2019 |
| £105,000 | 9 Nov 2012 |
| £89,995 | 25 Sep 2002 |
| £58,750 | 29 Mar 2001 |
| £37,000 | 5 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 October 2019 the House Price Index for NORFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £161,000 results in an estimated price of approximately £197,438.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £161,000 | £36,438 | £197,438 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | -1.889 % | £-3,041 | £157,958 |
| 3 Month Average | 0.303 % | £487 | £161,487 |
| 6 Month Average | 10.635 % | £17,122 | £178,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £217,933 | £215,000 | 10 ESDELLE STREET |
| 5 Apr 2023 | £178,168 | £176,250 | 11 ESDELLE STREET |
| 10 Feb 2023 | £194,869 | £195,000 | 32 ESDELLE STREET |
| 24 Jan 2023 | £179,156 | £180,000 | 29 ESDELLE STREET |
| 20 Jan 2023 | £194,086 | £195,000 | 24 LEONARDS STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 14 Jun 2019. Using an estimated price of £197,438 means this house is valued at £3,404 per sq meter (£316 per sq foot).
The average size of a house on MAGPIE ROAD is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Magpie Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Magpie Road |
| Jan 2024 | Anti-social behaviour | On or near Catherine Wheel Opening | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catherine Wheel Opening |
| Jan 2024 | Anti-social behaviour | On or near Catherine Wheel Opening |