£296,497
This estimated value is based upon the latest sale price for the house of £172,500 on 23 Apr 2012. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £172,500 | 23 Apr 2012 |
| £159,950 | 12 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 428 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 April 2012 the House Price Index for NORFOLK was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £172,500 results in an estimated price of approximately £296,497.
| 23 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £172,500 | £123,997 | £296,497 |
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 | 27.884 % | £48,099 | £220,599 |
| 3 Month Average | 40.255 % | £69,439 | £241,939 |
| 6 Month Average | 48.149 % | £83,056 | £255,556 |
| 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 39 sq meters or 428 sq feet when measured on 30 Jan 2012. Using an estimated price of £296,498 means this house is valued at £7,455 per sq meter (£692 per sq foot).
The average size of a house on FALCON MEWS is 104 sq meters (1,123 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Mews |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Linacre Avenue |
| Jul 2024 | Anti-social behaviour | On or near Blithemeadow Drive | |
| Apr 2024 | Bicycle theft | Under investigation | On or near Blithemeadow Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Linacre Close |