£253,462
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Oct 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 18 Oct 2021 |
| £196,795 | 19 Dec 2007 |
| Terraced |
| 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 October 2021 the House Price Index for NORFOLK was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £230,000 results in an estimated price of approximately £253,462.
| 18 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £230,000 | £23,462 | £253,462 |
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 | -6.647 % | £-15,289 | £214,710 |
| 3 Month Average | 17.303 % | £39,796 | £269,796 |
| 6 Month Average | 8.204 % | £18,868 | £248,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £265,000 | £265,000 | 36 MAGNOLIA WAY |
| 22 Mar 2024 | £363,729 | £362,500 | 3 MAGNOLIA WAY |
| 2 Feb 2023 | £255,293 | £256,500 | 31 SIR ALFRED MUNNINGS ROAD |
| 13 Jan 2023 | £371,735 | £375,000 | 40 ROSE AVENUE |
| 13 Jan 2023 | £254,762 | £257,000 | 33 SIR ALFRED MUNNINGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Magnolia Way | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Magnolia Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Magnolia Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Magnolia Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bahram Road |