£165,337
This estimated value is based upon the latest sale price for the house of £143,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£143,000 | 3 Dec 2020 |
£117,500 | 20 Jan 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 December 2020 the House Price Index for NORFOLK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £143,000 results in an estimated price of approximately £165,337.
3 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £143,000 | £22,337 | £165,337 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | 26.159 % | £37,406 | £180,406 |
3 Month Average | 20.708 % | £29,611 | £172,611 |
6 Month Average | -1.558 % | £-2,227 | £140,772 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £721,262 | £714,999 | 7 CLIFF TERRACE |
13 Sep 2023 | £342,551 | £335,000 | FLAT 1 2 CLIFF PARADE |
24 Apr 2023 | £166,107 | £163,000 | FLAT 19 GARDEN HOUSE BOSTON SQUARE |
27 Mar 2023 | £345,774 | £340,000 | FLAT 1A 4 CLIFF PARADE |
4 Jan 2023 | £205,549 | £205,000 | 12A CLIFF COURT |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 13 Feb 2020. Using an estimated price of £165,338 means this house is valued at £4,032 per sq meter (£374 per sq foot).
The average size of a house on CLIFF PARADE is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Cliff Terrace |
Apr 2024 | Drugs | Local resolution | On or near Cliff Terrace |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Terrace |
May 2024 | Criminal damage and arson | Under investigation | On or near Lincoln Square South |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near High Street |