£118,054
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £75,000 | 14 Mar 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 March 2014 the House Price Index for NORFOLK was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £75,000 results in an estimated price of approximately £118,054.
| 14 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £75,000 | £43,054 | £118,054 |
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 | 106.806 % | £80,104 | £155,104 |
| 3 Month Average | 73.079 % | £54,809 | £129,809 |
| 6 Month Average | 51.799 % | £38,849 | £113,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £268,982 | £265,000 | 63 CERE ROAD |
| 13 Nov 2023 | £289,283 | £285,000 | 102 CERE ROAD |
| 9 Nov 2023 | £291,820 | £287,500 | 2 YEW COURT |
| 8 Sep 2023 | £314,015 | £310,000 | 20 INMAN ROAD |
| 10 Jul 2023 | £243,274 | £240,000 | 12 LARCH CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Oct 2013. Using an estimated price of £118,055 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on LARCH CLOSE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near South Gage Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Inman Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Inman Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hornbeam Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Hornbeam Close |