£155,956
This estimated value is based upon the latest sale price for the house of £155,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £155,000 | 31 May 2022 |
| £139,000 | 28 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 May 2022 the House Price Index for NORFOLK was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £155,000 results in an estimated price of approximately £155,956.
| 31 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £155,000 | £956 | £155,956 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | -18.118 % | £-28,082 | £126,917 |
| 3 Month Average | 1.014 % | £1,571 | £156,571 |
| 6 Month Average | 4.142 % | £6,420 | £161,420 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 17 Jul 2013.
The average size of a house on MAGDALEN CLOSE is 57 sq meters (616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Bull Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bull Close |
| Mar 2024 | Other theft | Under investigation | On or near Magdalen Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magdalen Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdalen Close |