£334,400
This estimated value is based upon the latest sale price for the house of £300,000 on 21 Oct 2021. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 21 Oct 2021 |
| £197,000 | 19 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2021 the House Price Index for NORFOLK was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £300,000 results in an estimated price of approximately £334,400.
| 21 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £300,000 | £34,400 | £334,400 |
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 | -12.445 % | £-37,334 | £262,665 |
| 3 Month Average | -8.963 % | £-26,889 | £273,110 |
| 6 Month Average | 1.030 % | £3,089 | £303,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £296,614 | £287,500 | 28 CERE ROAD |
| 3 Nov 2023 | £297,553 | £290,000 | 55 LINACRE AVENUE |
| 14 Apr 2023 | £407,624 | £400,000 | 16 MANTLE CLOSE |
| 17 Mar 2023 | £269,501 | £265,000 | 40 BLITHEMEADOW DRIVE |
| 27 Apr 2022 | £207,484 | £200,000 | 9 CERE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 25 Mar 2019. Using an estimated price of £334,401 means this house is valued at £5,573 per sq meter (£517 per sq foot).
The average size of a house on CERE ROAD is 78 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Blithemeadow Drive | |
| Apr 2024 | Bicycle theft | Under investigation | On or near Blithemeadow Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Mews |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Linacre Close |
| Apr 2024 | Other crime | Further investigation is not in the public interest | On or near Linacre Close |