£310,530
This estimated value is based upon the latest sale price for the house of £252,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £252,000 | 15 Nov 2018 |
| £185,000 | 26 Apr 2016 |
| £44,000 | 20 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 November 2018 the House Price Index for NORFOLK was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £252,000 results in an estimated price of approximately £310,530.
| 15 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £252,000 | £58,530 | £310,530 |
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 | 55.811 % | £140,644 | £392,644 |
| 3 Month Average | 16.289 % | £41,049 | £293,049 |
| 6 Month Average | 5.485 % | £13,821 | £265,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £216,897 | £215,000 | 60 VARVEL AVENUE |
| 8 Aug 2023 | £242,118 | £240,000 | 71 FALCON ROAD WEST |
| 28 Jul 2023 | £221,015 | £218,040 | 60 LINACRE AVENUE |
| 7 Jul 2023 | £228,070 | £225,000 | 77 FALCON ROAD WEST |
| 1 Feb 2023 | £275,814 | £276,000 | 46 VARVEL AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Jan 2016. Using an estimated price of £310,531 means this house is valued at £5,090 per sq meter (£472 per sq foot).
The average size of a house on LINACRE AVENUE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Blithe Meadow Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Varvel Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Varvel Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Leveson Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leveson Road |