£202,002
This estimated value is based upon the latest sale price for the house of £163,500 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,500 | 27 Jun 2019 |
| £150,000 | 2 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2019 the House Price Index for STAFFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £163,500 results in an estimated price of approximately £202,002.
| 27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £163,500 | £38,502 | £202,002 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | 7.500 % | £12,262 | £175,762 |
| 3 Month Average | 17.488 % | £28,592 | £192,092 |
| 6 Month Average | 16.443 % | £26,884 | £190,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £223,306 | £220,000 | 9 PRIAM CLOSE |
| 23 Jun 2023 | £187,268 | £185,000 | 97 FEARNS AVENUE |
| 9 Jun 2023 | £167,023 | £165,000 | 129 RICEYMAN ROAD |
| 24 Mar 2023 | £169,598 | £168,000 | 159 FEARNS AVENUE |
| 24 Feb 2023 | £85,443 | £85,500 | 54A RICEYMAN ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Feb 2019. Using an estimated price of £202,002 means this house is valued at £3,014 per sq meter (£280 per sq foot).
The average size of a house on PRIAM CLOSE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Povey Place |