£331,449
This estimated value is based upon the latest sale price for the house of £245,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 20 May 2016 |
| Detached |
| Freehold |
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 May 2016 the House Price Index for NORFOLK was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £245,000 results in an estimated price of approximately £331,449.
| 20 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £245,000 | £86,449 | £331,449 |
The Postcode Pricing Model uses changes in average sales price within the PE34 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 | 60.250 % | £147,611 | £392,611 |
| 3 Month Average | 36.099 % | £88,441 | £333,441 |
| 6 Month Average | 50.121 % | £122,796 | £367,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £261,518 | £257,500 | 16 MARGARETTA CLOSE |
| 15 Dec 2023 | £250,704 | £243,000 | 10 MARGARETTA CLOSE |
| 16 Jun 2023 | £331,646 | £325,000 | KINGSTON LODGE, 79 MAIN ROAD |
| 9 Jan 2023 | £260,697 | £260,000 | 11 MARGARETTA CLOSE |
| 6 Jan 2023 | £300,804 | £300,000 | 115 MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaretta Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferry Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Robin Kerkham Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clapper Lane |