£186,601
This estimated value is based upon the latest sale price for the house of £127,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for NORFOLK 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £127,000 | 2 Apr 2015 |
| £109,995 | 6 Dec 2005 |
| £102,000 | 9 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2015 the House Price Index for NORFOLK was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £127,000 results in an estimated price of approximately £186,601.
| 2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £127,000 | £59,601 | £186,601 |
The Postcode Pricing Model uses changes in average sales price within the IP24 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 | 98.482 % | £125,072 | £252,072 |
| 3 Month Average | 44.062 % | £55,958 | £182,958 |
| 6 Month Average | 48.685 % | £61,830 | £188,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £317,780 | £315,000 | 84 ST NICHOLAS STREET |
| 21 Apr 2023 | £126,361 | £125,000 | 1 MUSEUM HOUSE MINSTERGATE |
| 11 Jan 2023 | £224,940 | £226,000 | 6 ABBEY MEWS |
| 24 Mar 2022 | £375,645 | £362,500 | 21 STATION ROAD |
| 22 Mar 2022 | £295,335 | £285,000 | 4 ABBEYGATE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Mar 2014. Using an estimated price of £186,602 means this house is valued at £2,591 per sq meter (£240 per sq foot).
The average size of a house on MINSTERGATE is 49 sq meters (527 sq feet).
This house is the largest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Minstergate |
| Feb 2024 | Anti-social behaviour | On or near Minstergate | |
| Feb 2024 | Anti-social behaviour | On or near Minstergate | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |