£129,734
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 23 Jun 2023 |
| £84,000 | 14 Aug 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 June 2023 the House Price Index for NORFOLK was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £130,000 results in an estimated price of approximately £129,734.
| 23 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £130,000 | £-265 | £129,734 |
The Postcode Pricing Model uses changes in average sales price within the NR3 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 | -13.098 % | £-17,026 | £112,973 |
| 3 Month Average | -4.068 % | £-5,288 | £124,711 |
| 6 Month Average | -0.178 % | £-231 | £129,768 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 27 Jun 2013.
The average size of a house on SHORNCLIFFE CLOSE is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shorncliffe Close |
| Mar 2024 | Drugs | Under investigation | On or near Shorncliffe Close |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Shorncliffe Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shorncliffe Close |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Shorncliffe Close |