£287,375
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Feb 2018. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Feb 2018 |
| £209,950 | 9 Apr 2013 |
| £175,000 | 10 Feb 2006 |
| £121,000 | 15 Aug 2002 |
| £90,000 | 30 May 2001 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,195 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 2018 the House Price Index for STOKE-ON-TRENT was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £230,000 results in an estimated price of approximately £287,375.
| 5 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £230,000 | £57,375 | £287,375 |
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 | 9.498 % | £21,845 | £251,845 |
| 3 Month Average | 14.360 % | £33,027 | £263,027 |
| 6 Month Average | 23.671 % | £54,442 | £284,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £250,199 | £247,000 | 30 MELCHESTER GROVE |
| 25 Jul 2023 | £283,820 | £280,000 | 16 BOLBERRY CLOSE |
| 3 Feb 2023 | £153,896 | £154,000 | 87 STAR & GARTER ROAD |
| 20 Jan 2023 | £337,908 | £339,500 | 1 TRECASTLE GROVE |
| 18 Dec 2021 | £278,558 | £260,000 | 35 MELCHESTER GROVE |
This house has a floor area of 111 sq meters or 1,195 sq feet when measured on 9 Aug 2011. Using an estimated price of £287,376 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on MELCHESTER GROVE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bolberry Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Melchester Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Aquaries Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Askern Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chelmorton Drive |