£305,025
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £230,000 | 15 Jul 2016 |
| £175,000 | 20 Jun 2011 |
| £168,000 | 12 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 978 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 July 2016 the House Price Index for NORFOLK was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £230,000 results in an estimated price of approximately £305,025.
| 15 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £230,000 | £75,025 | £305,025 |
The Postcode Pricing Model uses changes in average sales price within the NR7 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 | 26.233 % | £60,335 | £290,335 |
| 3 Month Average | 34.891 % | £80,248 | £310,248 |
| 6 Month Average | 25.825 % | £59,397 | £289,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £270,110 | £265,000 | 62 CERE ROAD |
| 27 Nov 2023 | £258,316 | £255,000 | 48 LARCH CLOSE |
| 22 Nov 2023 | £268,446 | £265,000 | 63 CERE ROAD |
| 13 Nov 2023 | £288,706 | £285,000 | 102 CERE ROAD |
| 3 Nov 2023 | £271,181 | £267,700 | 56 CERE ROAD |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 27 Jan 2011. Using an estimated price of £305,026 means this house is valued at £3,354 per sq meter (£311 per sq foot).
The average size of a house on LARCH CLOSE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hornbeam Close |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Hornbeam Close |
| Feb 2024 | Public order | Under investigation | On or near South Gage Close |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Inman Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Mews |