£253,978
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Jun 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 | 14 Jun 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 June 2018 the House Price Index for NORFOLK was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £205,000 results in an estimated price of approximately £253,978.
| 14 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £205,000 | £48,978 | £253,978 |
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 | 48.366 % | £99,149 | £304,149 |
| 3 Month Average | 26.653 % | £54,639 | £259,639 |
| 6 Month Average | 18.952 % | £38,850 | £243,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £263,492 | £261,000 | 5 MAGNOLIA DRIVE |
| 24 Feb 2023 | £262,757 | £264,000 | 45 MARSH LANE |
| 8 Aug 2022 | £216,040 | £217,500 | 30 SEGRAVE ROAD |
| 6 Jun 2022 | £252,560 | £250,000 | 8 MAGNOLIA DRIVE |
| 14 Feb 2022 | £212,025 | £203,000 | 3 SAMPHIRE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Feb 2018. Using an estimated price of £253,979 means this house is valued at £3,059 per sq meter (£284 per sq foot).
The average size of a house on MAGNOLIA DRIVE is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Folly Grove |