£425,662
This estimated value is based upon the latest sale price for the house of £245,000 on 16 Oct 2009. This value is then adjusted by the current Official House Price Index for NORFOLK 1
There has been one burglary within the last year on or near Magdalen Road
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| Price Paid | Date |
|---|---|
| £245,000 | 16 Oct 2009 |
| £232,500 | 6 Mar 2006 |
| £117,000 | 27 Feb 2001 |
| £40,000 | 14 Jan 1998 |
| Detached |
| 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 2009 the House Price Index for NORFOLK was 84.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.Applying this 73.740% change to the original purchase price of £245,000 results in an estimated price of approximately £425,662.
| 16 Oct 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 146.7 | 73.740 % | £245,000 | £180,662 | £425,662 |
The Postcode Pricing Model uses changes in average sales price within the PE14 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 | 56.096 % | £137,435 | £382,435 |
| 3 Month Average | 49.585 % | £121,482 | £366,482 |
| 6 Month Average | 71.904 % | £176,164 | £421,164 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Magdalen Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Dec 2023 | Anti-social behaviour | On or near Orchard Close | |
| Dec 2023 | Anti-social behaviour | On or near Orchard Close |