£56,808
This estimated value is based upon the latest sale price for the house of £49,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £49,000 | 25 Nov 2020 |
| £47,500 | 6 Oct 2020 |
| £6,000 | 29 Mar 1999 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 November 2020 the House Price Index for STOKE-ON-TRENT was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £49,000 results in an estimated price of approximately £56,808.
| 25 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £49,000 | £7,808 | £56,808 |
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 | -16.180 % | £-7,928 | £41,071 |
| 3 Month Average | -2.219 % | £-1,087 | £47,912 |
| 6 Month Average | 7.651 % | £3,748 | £52,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £50,441 | £50,000 | 1 - 3 LOCKETTS LANE |
| 8 Jul 2022 | £1,203,239 | £1,200,000 | SYLVAN WORKS NORMACOT ROAD |
| 8 Jun 2022 | £121,720 | £120,000 | 41 UTTOXETER ROAD |
| 10 Mar 2022 | £55,440 | £53,500 | 130 NORMACOT ROAD |
| 14 Jan 2022 | £205,220 | £195,000 | 1 BASILDON GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Jul 2020. Using an estimated price of £56,808 means this house is valued at £847 per sq meter (£78 per sq foot).
The average size of a house on NORMACOT ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beaufort Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Beaufort Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheaf Passage |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Barlow Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barlow Street |