£466,839
This estimated value is based upon the latest sale price for the house of £450,000 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £450,000 | 13 Apr 2022 |
| £160,000 | 15 Aug 2001 |
| £121,000 | 4 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 April 2022 the House Price Index for NORFOLK was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £450,000 results in an estimated price of approximately £466,839.
| 13 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £450,000 | £16,839 | £466,839 |
The Postcode Pricing Model uses changes in average sales price within the NR28 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 | 68.695 % | £309,127 | £759,127 |
| 3 Month Average | 22.763 % | £102,432 | £552,432 |
| 6 Month Average | 5.026 % | £22,617 | £472,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £486,039 | £475,000 | MUCKLE HILL FARM COTTAGE |
| 15 Sep 2023 | £212,177 | £207,500 | 124 BRICK KILN ROAD |
| 13 Apr 2022 | £199,704 | £192,500 | 139 BRICK KILN ROAD |
| 13 Apr 2022 | £466,840 | £450,000 | MULBERRY HOUSE MARSHGATE |
| 20 Jan 2022 | £302,157 | £285,000 | 7 MANOR ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 4 Nov 2021. Using an estimated price of £466,840 means this house is valued at £3,358 per sq meter (£312 per sq foot).
The average size of a house on MARSHGATE is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Woodbine Close | |
| Aug 2024 | Anti-social behaviour | On or near Woodbine Close | |
| Aug 2024 | Anti-social behaviour | On or near Woodbine Close | |
| Aug 2024 | Anti-social behaviour | On or near Woodbine Close | |
| Jul 2024 | Drugs | Offender given a caution | On or near Woodbine Close |