£284,311
This estimated value is based upon the latest sale price for the house of £230,000 on 10 May 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 10 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2019 the House Price Index for STAFFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £230,000 results in an estimated price of approximately £284,311.
| 10 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £230,000 | £54,311 | £284,311 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | -5.175 % | £-11,902 | £218,097 |
| 3 Month Average | -5.263 % | £-12,105 | £217,894 |
| 6 Month Average | 15.274 % | £35,131 | £265,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £422,390 | £415,000 | 32 MERLON COURT |
| 22 Nov 2023 | £248,682 | £245,000 | 32 DEANS PARK COURT KINGSWAY |
| 2 Nov 2023 | £265,937 | £262,000 | 1 ORIEL VIEW |
| 30 Jun 2023 | £490,947 | £485,000 | 6 MERLON COURT |
| 9 Jun 2023 | £192,330 | £190,000 | 42 DEANS PARK COURT KINGSWAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 5 Apr 2019. Using an estimated price of £284,312 means this house is valued at £3,344 per sq meter (£310 per sq foot).
The average size of a house on MERLON COURT is 126 sq meters (1,363 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Merlon Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oriel View |
| Mar 2024 | Anti-social behaviour | On or near Barbican Grove | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barbican Grove |