£193,226
This estimated value is based upon the latest sale price for the house of £190,000 on 13 Mar 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £190,000 | 13 Mar 2023 |
| £175,000 | 30 Jul 2021 |
| £144,000 | 26 Oct 2018 |
| £97,000 | 19 May 2004 |
| £59,995 | 21 Sep 2001 |
| £33,750 | 19 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 March 2023 the House Price Index for NORFOLK was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £190,000 results in an estimated price of approximately £193,226.
| 13 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £190,000 | £3,226 | £193,226 |
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 | -0.374 % | £-710 | £189,289 |
| 3 Month Average | 3.889 % | £7,389 | £197,389 |
| 6 Month Average | 3.771 % | £7,164 | £197,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £187,500 | £187,500 | 6 MELFORD COMMON |
| 25 Mar 2024 | £162,497 | £160,000 | 13 MELFORD COMMON |
| 24 Nov 2023 | £97,474 | £95,000 | 28 LIME KILN LANE |
| 27 Apr 2023 | £193,622 | £190,000 | 41 CHALK CLOSE |
| 24 Mar 2023 | £152,548 | £150,000 | 7 MELFORD COMMON |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 26 Aug 2015. Using an estimated price of £193,227 means this house is valued at £3,715 per sq meter (£345 per sq foot).
The average size of a house on MAGDALEN STREET is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Magdalen Street | |
| Jul 2024 | Anti-social behaviour | On or near Magdalen Street | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Magdalen Street |
| Jun 2024 | Anti-social behaviour | On or near Magdalen Street | |
| Jun 2024 | Anti-social behaviour | On or near Magdalen Street |