£228,948
This estimated value is based upon the latest sale price for the house of £224,360 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £224,360 | 23 Jun 2023 |
| £184,000 | 21 May 2018 |
| £140,000 | 25 Nov 2008 |
| Semi-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 June 2023 the House Price Index for NORFOLK was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £224,360 results in an estimated price of approximately £228,948.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £224,360 | £4,588 | £228,948 |
The Postcode Pricing Model uses changes in average sales price within the NR8 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 | 1.372 % | £3,077 | £227,437 |
| 3 Month Average | 1.192 % | £2,675 | £227,035 |
| 6 Month Average | -8.768 % | £-19,672 | £204,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £368,156 | £362,500 | 3 MAGNOLIA WAY |
| 6 Oct 2023 | £189,299 | £185,000 | 15 MAGNOLIA WAY |
| 15 Sep 2023 | £224,959 | £220,000 | 60 ROSE AVENUE |
| 23 Jun 2023 | £228,948 | £224,360 | 22 ROSE AVENUE |
| 13 Jan 2023 | £376,005 | £375,000 | 40 ROSE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Magnolia Way |
| Jul 2024 | Anti-social behaviour | On or near Magnolia Way | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Magnolia Way |
| Apr 2024 | Anti-social behaviour | On or near Magnolia Way | |
| Apr 2024 | Anti-social behaviour | On or near Magnolia Way |