£191,048
This estimated value is based upon the latest sale price for the house of £145,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 25 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2016 the House Price Index for STAFFORDSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £145,000 results in an estimated price of approximately £191,048.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £145,000 | £46,048 | £191,048 |
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 | 13.616 % | £19,743 | £164,743 |
| 3 Month Average | 20.516 % | £29,747 | £174,747 |
| 6 Month Average | 16.955 % | £24,585 | £169,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £131,594 | £130,000 | 90 HILLPORT AVENUE |
| 23 Jun 2023 | £143,741 | £142,000 | 40 FIRST AVENUE |
| 2 Feb 2023 | £264,822 | £265,000 | 4 THE LIMES FIRST AVENUE |
| 19 Aug 2022 | £254,315 | £255,000 | 2 MELVYN CRESCENT |
| 24 Jun 2022 | £239,383 | £236,000 | 39 MELVYN CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Apr 2016. Using an estimated price of £191,048 means this house is valued at £2,653 per sq meter (£246 per sq foot).
The average size of a house on THE ELMS is 105 sq meters (1,138 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Limes |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near The Limes |
| Mar 2024 | Other theft | Under investigation | On or near Second Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Feb 2024 | Anti-social behaviour | On or near Second Avenue |