£237,702
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Feb 2022 |
| £125,000 | 7 Mar 2008 |
| £58,880 | 22 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2022 the House Price Index for NORFOLK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £225,000 results in an estimated price of approximately £237,702.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £225,000 | £12,702 | £237,702 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | -45.798 % | £-103,045 | £121,954 |
| 3 Month Average | -4.760 % | £-10,710 | £214,289 |
| 6 Month Average | 2.079 % | £4,677 | £229,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £63,500 | £63,500 | 97 BERNERS STREET |
| 19 Apr 2024 | £131,139 | £130,000 | 120 SHORNCLIFFE AVENUE |
| 18 Mar 2024 | £116,794 | £115,000 | 44 SHORNCLIFFE CLOSE |
| 1 Dec 2023 | £144,438 | £140,000 | 35 HALF MILE ROAD |
| 27 Oct 2023 | £213,857 | £209,000 | 12 AIREDALE CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Sep 2018. Using an estimated price of £237,703 means this house is valued at £2,863 per sq meter (£266 per sq foot).
The average size of a house on SHORNCLIFFE AVENUE is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Shorncliffe Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Shorncliffe Avenue |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Shorncliffe Avenue |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Shorncliffe Avenue |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Shorncliffe Avenue |