£273,479
This estimated value is based upon the latest sale price for the house of £79,000 on 30 Apr 2001. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £79,000 | 30 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2001 the House Price Index for NORFOLK was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £79,000 results in an estimated price of approximately £273,479.
| 30 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £79,000 | £194,479 | £273,479 |
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 | 295.523 % | £233,463 | £312,463 |
| 3 Month Average | 238.777 % | £188,633 | £267,633 |
| 6 Month Average | 198.174 % | £156,557 | £235,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £269,719 | £265,000 | 62 CERE ROAD |
| 3 Nov 2023 | £271,723 | £267,700 | 56 CERE ROAD |
| 14 Sep 2023 | £238,044 | £235,000 | 21 CERE ROAD |
| 10 Jul 2023 | £243,274 | £240,000 | 12 LARCH CLOSE |
| 14 Apr 2023 | £404,354 | £400,000 | 16 MANTLE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Jan 2020. Using an estimated price of £273,479 means this house is valued at £3,598 per sq meter (£334 per sq foot).
The average size of a house on CERE ROAD is 78 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Falcon Mews |
| Feb 2024 | Public order | Under investigation | On or near South Gage Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hornbeam Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Hornbeam Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Inman Road |