£313,460
This estimated value is based upon the latest sale price for the house of £118,000 on 24 Oct 2002. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £118,000 | 24 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2002 the House Price Index for NORFOLK was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £118,000 results in an estimated price of approximately £313,460.
| 24 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £118,000 | £195,460 | £313,460 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 69.170 % | £81,620 | £199,620 |
| 3 Month Average | 149.052 % | £175,881 | £293,881 |
| 6 Month Average | 164.454 % | £194,056 | £312,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £179,558 | £175,000 | 7 JUNIPER CLOSE |
| 22 Sep 2023 | £99,698 | £97,500 | 30 JUNIPER CLOSE |
| 18 Aug 2023 | £213,857 | £210,000 | 18 JUNIPER CLOSE |
| 1 Nov 2022 | £199,069 | £200,000 | 8 BLACKTHORN CLOSE |
| 24 Aug 2022 | £371,738 | £370,000 | 50 CORIANDER DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 12 Sep 2013. Using an estimated price of £313,461 means this house is valued at £2,569 per sq meter (£238 per sq foot).
The average size of a house on MALLOW ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lavender Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackthorn Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackthorn Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackthorn Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosecroft Way |