£176,242
This estimated value is based upon the latest sale price for the house of £119,950 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £119,950 | 2 Apr 2015 |
| £115,000 | 27 Feb 2015 |
| £92,000 | 25 Jan 2013 |
| 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 STOKE-ON-TRENT to estimate the market value.
When this house was purchased in April 2015 the House Price Index for STOKE-ON-TRENT 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 £119,950 results in an estimated price of approximately £176,242.
| 2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £119,950 | £56,292 | £176,242 |
The Postcode Pricing Model uses changes in average sales price within the ST3 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 | 84.562 % | £101,432 | £221,382 |
| 3 Month Average | 50.502 % | £60,576 | £180,526 |
| 6 Month Average | 49.051 % | £58,837 | £178,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £125,000 | £125,000 | 7 DOBELL GROVE |
| 18 Aug 2023 | £186,633 | £185,000 | 4 PRIESTLEY DRIVE |
| 18 Jul 2023 | £188,538 | £186,000 | 23 CARROLL DRIVE |
| 12 Jun 2023 | £161,957 | £159,995 | 6 MERTON STREET |
| 7 Jun 2023 | £199,416 | £197,000 | 36 FORRISTER STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 21 Nov 2014. Using an estimated price of £176,243 means this house is valued at £2,318 per sq meter (£215 per sq foot).
The average size of a house on PRIESTLEY DRIVE is 84 sq meters (912 sq feet).