£523,345
This estimated value is based upon the latest sale price for the house of £420,000 on 21 Aug 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£420,000 | 21 Aug 2018 |
£230,000 | 29 Oct 2010 |
£38,000 | 23 Sep 1997 |
Detached |
Freehold |
Floor Area: 162 sq meters or 1,749 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 August 2018 the House Price Index for NORFOLK was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £420,000 results in an estimated price of approximately £523,345.
21 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £420,000 | £103,345 | £523,345 |
The Postcode Pricing Model uses changes in average sales price within the NR27 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 | 39.879 % | £167,491 | £587,491 |
3 Month Average | 39.406 % | £165,505 | £585,505 |
6 Month Average | 25.838 % | £108,518 | £528,518 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £675,000 | £675,000 | 15 CLIFF AVENUE |
18 Oct 2022 | £528,236 | £530,000 | 3 NORWICH ROAD |
8 Apr 2022 | £373,524 | £360,050 | APARTMENT 1 TUDOR VILLAS, 6 CLIFF AVENUE |
21 Jan 2022 | £405,526 | £382,500 | 10A CLIFF AVENUE |
19 Nov 2021 | £297,439 | £273,000 | APARTMENT 4 CLIFF MANSIONS, 24 CLIFF AVENUE |
This house has a floor area of 162 sq meters or 1,749 sq feet when measured on 22 Jun 2010. Using an estimated price of £523,345 means this house is valued at £3,220 per sq meter (£299 per sq foot).
The average size of a house on NORWICH ROAD is 103 sq meters (1,113 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margaret'S Lane |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Mary'S Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Road |
May 2024 | Anti-social behaviour | On or near St Margaret'S Road | |
May 2024 | Vehicle crime | Under investigation | On or near St Margaret'S Road |