£184,044
This estimated value is based upon the latest sale price for the house of £155,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 30 Sep 2020 |
| £155,000 | 30 Sep 2020 |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2020 the House Price Index for STAFFORDSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £155,000 results in an estimated price of approximately £184,044.
| 30 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £155,000 | £29,044 | £184,044 |
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 | -30.562 % | £-47,371 | £107,628 |
| 3 Month Average | 8.108 % | £12,566 | £167,566 |
| 6 Month Average | 4.100 % | £6,354 | £161,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £66,158 | £65,000 | APARTMENT 36 MILL RISE VILLAGE LYMEBROOK WAY |
| 21 Jun 2023 | £77,944 | £77,000 | APARTMENT 33 MILL RISE VILLAGE LYMEBROOK WAY |
| 10 Mar 2023 | £40,380 | £40,000 | 44 MEADOW LANE |
| 8 Feb 2023 | £139,906 | £140,000 | 54 LOWER MILEHOUSE LANE |
| 25 May 2022 | £68,796 | £67,500 | APARTMENT 8 MILL RISE VILLAGE LYMEBROOK WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Sep 2020. Using an estimated price of £184,044 means this house is valued at £2,706 per sq meter (£251 per sq foot).
The average size of a house on FELL AVENUE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Fell Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fell Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Wilmot Close |
| Apr 2024 | Anti-social behaviour | On or near Lower Milehouse Lane | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lower Milehouse Lane |