£161,091
This estimated value is based upon the latest sale price for the house of £94,000 on 1 Oct 2010. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£94,000 | 1 Oct 2010 |
£39,500 | 17 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 886 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 October 2010 the House Price Index for NORFOLK was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £94,000 results in an estimated price of approximately £161,091.
1 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 149.7 | 71.374 % | £94,000 | £67,091 | £161,091 |
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 | 68.097 % | £64,011 | £158,011 |
3 Month Average | 69.810 % | £65,621 | £159,621 |
6 Month Average | 66.875 % | £62,862 | £156,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £170,000 | £170,000 | 3 SLOANE WAY |
10 May 2024 | £167,500 | £167,500 | 33 MINGAY ROAD |
11 Dec 2023 | £185,706 | £180,000 | 59 KIMMS BELT |
15 Mar 2023 | £193,227 | £190,000 | 39 MINGAY ROAD |
25 Jan 2023 | £188,002 | £187,500 | 22 KIMMS BELT |
This house has a floor area of 82 sq meters or 886 sq feet when measured on 17 Feb 2010. Using an estimated price of £161,092 means this house is valued at £1,955 per sq meter (£181 per sq foot).
The average size of a house on MINGAY ROAD is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mingay Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mingay Road |
Jul 2024 | Anti-social behaviour | On or near Mingay Road | |
Jul 2024 | Anti-social behaviour | On or near Mingay Road | |
Jul 2024 | Anti-social behaviour | On or near Mingay Road |