£300,547
This estimated value is based upon the latest sale price for the house of £230,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 6 Jan 2017 |
| £135,000 | 8 Aug 2014 |
| £55,000 | 8 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2017 the House Price Index for STAFFORDSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £230,000 results in an estimated price of approximately £300,547.
| 6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £230,000 | £70,547 | £300,547 |
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 | 4.732 % | £10,883 | £240,883 |
| 3 Month Average | 12.206 % | £28,074 | £258,074 |
| 6 Month Average | 17.110 % | £39,353 | £269,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £230,411 | £227,000 | 6 FOUNTAINS AVENUE |
| 1 Sep 2023 | £532,813 | £526,000 | 5 BYLANDS PLACE |
| 2 Jun 2023 | £227,759 | £225,000 | 10 LANGDALE ROAD |
| 2 Jun 2023 | £430,211 | £425,000 | 76 DARTMOUTH AVENUE |
| 12 Jan 2023 | £119,437 | £120,000 | 27 LANGDALE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Apr 2014. Using an estimated price of £300,548 means this house is valued at £3,710 per sq meter (£344 per sq foot).
The average size of a house on MELROSE AVENUE is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fountains Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Dartmouth Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dartmouth Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Langdale Road |