£403,035
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Feb 2012. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £235,000 | 6 Feb 2012 |
| £132,950 | 20 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,465 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 February 2012 the House Price Index for STOKE-ON-TRENT was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £235,000 results in an estimated price of approximately £403,035.
| 6 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £235,000 | £168,035 | £403,035 |
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 | 40.303 % | £94,712 | £329,712 |
| 3 Month Average | 41.684 % | £97,956 | £332,956 |
| 6 Month Average | 55.525 % | £130,483 | £365,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £223,306 | £220,000 | 1 DURHAM DRIVE |
| 18 Nov 2022 | £340,871 | £345,000 | 3 ROMNEY GROVE |
| 15 Jul 2022 | £308,831 | £308,000 | 8 SUFFOLK ROAD |
| 1 Jul 2022 | £340,918 | £340,000 | 7 SUFFOLK ROAD |
| 5 Nov 2021 | £346,084 | £320,000 | 40 DURHAM DRIVE |
This house has a floor area of 136 sq meters or 1,465 sq feet when measured on 4 Aug 2010. Using an estimated price of £403,036 means this house is valued at £2,961 per sq meter (£275 per sq foot).
The average size of a house on PALOMINO CLOSE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Romney Grove |
| Feb 2024 | Burglary | Under investigation | On or near Suffolk Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Fairfield Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Avenue |