£138,401
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 18 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2015 the House Price Index for STAFFORDSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £100,000 results in an estimated price of approximately £138,401.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £100,000 | £38,401 | £138,401 |
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 | 27.246 % | £27,245 | £127,245 |
| 3 Month Average | 27.049 % | £27,049 | £127,049 |
| 6 Month Average | 24.118 % | £24,117 | £124,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £149,005 | £147,000 | 228 ORME ROAD |
| 8 Jun 2023 | £217,636 | £215,000 | 4 REEDMACE WALK |
| 14 Apr 2023 | £235,536 | £233,000 | 1 REEDMACE WALK |
| 3 Mar 2023 | £116,094 | £115,000 | 16 ST PATRICKS DRIVE |
| 20 Jan 2023 | £109,484 | £110,000 | 32 SNOWGOOSE WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Aug 2013. Using an estimated price of £138,401 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on ORME ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Snowgoose Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowgoose Way |
| Dec 2023 | Anti-social behaviour | On or near Snowgoose Way | |
| Dec 2023 | Anti-social behaviour | On or near Snowgoose Way | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowgoose Way |