£591,920
This estimated value is based upon the latest sale price for the house of £435,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £435,000 | 31 Mar 2016 |
| £120,000 | 7 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 225 sq meters or 2,421 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 2016 the House Price Index for NORFOLK was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £435,000 results in an estimated price of approximately £591,920.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £435,000 | £156,920 | £591,920 |
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 | -38.869 % | £-169,081 | £265,918 |
| 3 Month Average | -2.111 % | £-9,183 | £425,816 |
| 6 Month Average | 19.402 % | £84,399 | £519,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £499,336 | £495,000 | 9 ASTLEY CRESCENT |
| 22 Aug 2023 | £341,153 | £335,000 | 4 MARINE COURT CLARENCE ROAD |
| 16 Mar 2023 | £472,897 | £465,000 | 17 BERNARD CRESCENT |
| 26 Jul 2022 | £459,605 | £455,000 | 7 QUEENS DRIVE |
| 1 Jul 2022 | £297,986 | £295,000 | 6 SEAVIEW HEIGHTS, 42A CLIFF PARADE |
This house has a floor area of 225 sq meters or 2,421 sq feet when measured on 2 Sep 2013. Using an estimated price of £591,920 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on CLIFF PARADE is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lighthouse Close |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Lighthouse Close |
| Oct 2024 | Other theft | Under investigation | On or near York Avenue |
| Sep 2024 | Drugs | Under investigation | On or near York Avenue |