£300,557
This estimated value is based upon the latest sale price for the house of £245,000 on 20 Dec 2019. 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 Avenue Road
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| Price Paid | Date |
|---|---|
| £245,000 | 20 Dec 2019 |
| £150,000 | 24 Oct 2003 |
| £106,000 | 18 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2019 the House Price Index for NORFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £245,000 results in an estimated price of approximately £300,557.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £245,000 | £55,557 | £300,557 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 4.653 % | £11,399 | £256,399 |
| 3 Month Average | 25.914 % | £63,488 | £308,488 |
| 6 Month Average | 20.367 % | £49,899 | £294,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £345,109 | £340,000 | 71 PEMBROKE ROAD |
| 2 Aug 2023 | £388,398 | £385,000 | 37 CARDIFF ROAD |
| 30 Jun 2023 | £232,820 | £230,000 | 23 SWANSEA ROAD |
| 28 Jun 2023 | £285,458 | £282,000 | 20 SWANSEA ROAD |
| 21 Apr 2023 | £371,500 | £367,500 | 32 CARDIFF ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Oct 2019. Using an estimated price of £300,557 means this house is valued at £3,415 per sq meter (£317 per sq foot).
The average size of a house on CARDIFF ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Avenue Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avenue Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Milford Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doris Road |
| Apr 2024 | Anti-social behaviour | On or near Park Lane |