£355,699
This estimated value is based upon the latest sale price for the house of £215,000 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£215,000 | 31 Jul 2013 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 July 2013 the House Price Index for NORFOLK was 89.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 65.442%.Applying this 65.442% change to the original purchase price of £215,000 results in an estimated price of approximately £355,699.
31 Jul 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.0 | 65.442 % | £215,000 | £140,699 | £355,699 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 57.382 % | £123,371 | £338,371 |
3 Month Average | 68.222 % | £146,676 | £361,676 |
6 Month Average | 59.932 % | £128,853 | £343,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £414,286 | £406,448 | 80 HARVEY LANE |
8 Dec 2023 | £458,678 | £450,000 | 1 HARVEY CLOSE |
7 Jul 2023 | £469,441 | £465,000 | 11 MARGETSON AVENUE |
23 Jun 2022 | £272,764 | £270,000 | 16 ST WILLIAMS WAY |
8 Apr 2022 | £331,974 | £323,675 | 10 MARGETSON AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 9 Nov 2012. Using an estimated price of £355,699 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on MARGETSON AVENUE is 118 sq meters (1,275 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margetson Avenue |
Apr 2024 | Public order | Under investigation | On or near Supple Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supple Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supple Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supple Close |