£141,004
This estimated value is based upon the latest sale price for the house of £40,000 on 31 Mar 2001. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £40,000 | 31 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 837 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 2001 the House Price Index for NORFOLK was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £40,000 results in an estimated price of approximately £141,004.
| 31 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £40,000 | £101,004 | £141,004 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 423.737 % | £169,494 | £209,494 |
| 3 Month Average | 236.934 % | £94,773 | £134,773 |
| 6 Month Average | 253.138 % | £101,255 | £141,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £129,104 | £128,500 | 11 HASLIPS CLOSE |
| 1 Jul 2022 | £140,407 | £139,000 | 60 ORCHARD STREET |
| 17 May 2022 | £148,879 | £145,000 | 51 LOTHIAN STREET |
| 6 May 2022 | £151,445 | £147,500 | 15 CHARLES SQUARE |
| 27 Jan 2022 | £153,729 | £145,000 | 25 DERBY STREET |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 15 May 2009. Using an estimated price of £141,004 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on MANCROFT WALK is 110 sq meters (1,186 sq feet).