£145,442
This estimated value is based upon the latest sale price for the house of £59,950 on 28 Mar 2003. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,950 | 28 Mar 2003 |
| £31,750 | 25 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 705 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 March 2003 the House Price Index for STAFFORDSHIRE was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £59,950 results in an estimated price of approximately £145,442.
| 28 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £59,950 | £85,492 | £145,442 |
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 | 165.517 % | £99,227 | £159,177 |
| 3 Month Average | 145.857 % | £87,441 | £147,391 |
| 6 Month Average | 147.803 % | £88,608 | £148,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £80,000 | £80,000 | FLAT 18 TOWER COURT LONDON ROAD |
| 19 Sep 2023 | £59,764 | £59,000 | FLAT 7 TOWER COURT LONDON ROAD |
| 15 Aug 2023 | £70,618 | £70,000 | FLAT 2 TOWER COURT LONDON ROAD |
| 5 Aug 2022 | £146,605 | £147,000 | 9 WELL STREET |
| 18 Jul 2022 | £120,324 | £120,000 | 80 GARDEN STREET |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 14 Oct 2010. Using an estimated price of £145,442 means this house is valued at £2,218 per sq meter (£206 per sq foot).
The average size of a house on WELL STREET is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Well Street | |
| Feb 2024 | Anti-social behaviour | On or near Well Street | |
| Jan 2024 | Anti-social behaviour | On or near Well Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Well Street |