£292,991
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Aug 2015. 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 Aug 2015 |
| £180,000 | 27 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2015 the House Price Index for NORFOLK was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £205,000 results in an estimated price of approximately £292,991.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £205,000 | £87,991 | £292,991 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | 86.421 % | £177,162 | £382,162 |
| 3 Month Average | 28.960 % | £59,368 | £264,368 |
| 6 Month Average | 46.135 % | £94,575 | £299,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £232,820 | £230,000 | 14 PHILIPS CHASE |
| 20 Jan 2023 | £235,889 | £237,000 | 8 ANDREWS PLACE |
| 12 Jan 2023 | £373,242 | £375,000 | 26 MARGARETS CLOSE |
| 18 Jul 2022 | £270,729 | £270,000 | 31 ANDREWS PLACE |
| 13 May 2022 | £239,513 | £235,000 | 7 MARGARETS CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Jun 2015. Using an estimated price of £292,992 means this house is valued at £4,803 per sq meter (£446 per sq foot).
The average size of a house on MARGARETS CLOSE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Plover Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandpiper Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandpiper Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandpiper Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sandpiper Street |