£222,265
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Aug 2017. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £175,000 | 23 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 August 2017 the House Price Index for NORFOLK was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £175,000 results in an estimated price of approximately £222,265.
| 23 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £175,000 | £47,265 | £222,265 |
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 | 44.077 % | £77,135 | £252,135 |
| 3 Month Average | 26.684 % | £46,696 | £221,696 |
| 6 Month Average | 19.459 % | £34,053 | £209,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £269,719 | £265,000 | 62 CERE ROAD |
| 3 Nov 2023 | £294,358 | £290,000 | 55 LINACRE AVENUE |
| 3 Nov 2023 | £271,723 | £267,700 | 56 CERE ROAD |
| 19 Sep 2023 | £212,720 | £210,000 | 61 NORTH GAGE CLOSE |
| 14 Sep 2023 | £238,044 | £235,000 | 21 CERE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 25 May 2017. Using an estimated price of £222,266 means this house is valued at £4,041 per sq meter (£375 per sq foot).
The average size of a house on LINACRE AVENUE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near South Gage Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Falcon Mews |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trendall Road |
| 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 |