£286,053
This estimated value is based upon the latest sale price for the house of £208,000 on 26 Feb 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £208,000 | 26 Feb 2016 |
| £162,500 | 13 Dec 2004 |
| £124,000 | 22 Feb 2002 |
| £77,995 | 5 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2016 the House Price Index for NORFOLK was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £208,000 results in an estimated price of approximately £286,053.
| 26 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £208,000 | £78,053 | £286,053 |
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 | -16.663 % | £-34,659 | £173,340 |
| 3 Month Average | 19.828 % | £41,242 | £249,242 |
| 6 Month Average | 29.098 % | £60,523 | £268,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £142,378 | £140,000 | 32 COLUMBINE CLOSE |
| 13 Feb 2023 | £206,379 | £205,000 | 25 SORREL DRIVE |
| 30 Sep 2022 | £349,766 | £350,000 | 33 MALLOW ROAD |
| 27 Jan 2022 | £310,903 | £293,250 | 38 MALLOW ROAD |
| 5 Aug 2021 | £283,197 | £251,983 | 54 CORIANDER DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Jul 2015. Using an estimated price of £286,054 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on MALLOW ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Columbine Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Columbine Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sorrel Drive |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Sorrel Drive |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lavender Court |