£160,435
This estimated value is based upon the latest sale price for the house of £125,000 on 23 Feb 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 23 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for STAFFORDSHIRE to estimate the market value.
When this house was purchased in February 2017 the House Price Index for STAFFORDSHIRE was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £125,000 results in an estimated price of approximately £160,435.
| 23 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £125,000 | £35,435 | £160,435 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | -2.418 % | £-3,022 | £121,977 |
| 3 Month Average | -4.267 % | £-5,334 | £119,665 |
| 6 Month Average | 20.033 % | £25,040 | £150,040 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 7 Sep 2016.
The average size of a house on FAIROAK AVENUE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Darnford Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Old School Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Old School Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Old School Drive |