£770,394
This estimated value is based upon the latest sale price for the house of £590,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £590,000 | 10 Mar 2017 |
| £350,000 | 30 Apr 2004 |
| £230,000 | 25 Feb 2002 |
| £173,000 | 31 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 2017 the House Price Index for NORFOLK was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £590,000 results in an estimated price of approximately £770,394.
| 10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £590,000 | £180,394 | £770,394 |
The Postcode Pricing Model uses changes in average sales price within the PE36 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 | -40.708 % | £-240,178 | £349,821 |
| 3 Month Average | 6.249 % | £36,869 | £626,869 |
| 6 Month Average | 18.423 % | £108,695 | £698,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £781,789 | £775,000 | 3 CLARENCE ROAD |
| 15 Mar 2024 | £233,589 | £230,000 | FLAT 5 HIGHCLIFFE GARDENS CLIFF PARADE |
| 20 Dec 2023 | £328,081 | £318,000 | 63 NORTHGATE |
| 11 Dec 2023 | £309,505 | £299,995 | FLAT 14 HIGHCLIFFE GARDENS CLIFF PARADE |
| 24 Nov 2023 | £274,650 | £267,678 | 20 CLARENCE COURT |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 15 Nov 2016. Using an estimated price of £770,395 means this house is valued at £4,613 per sq meter (£428 per sq foot).
The average size of a house on CLIFF PARADE is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near York Avenue |
| Sep 2024 | Drugs | Under investigation | On or near York Avenue |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Northgate |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Road |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Glebe Avenue |