£278,303
This estimated value is based upon the latest sale price for the house of £225,000 on 10 Aug 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 |
|---|---|
| £225,000 | 10 Aug 2018 |
| £180,000 | 12 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2018 the House Price Index for STOKE-ON-TRENT was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £225,000 results in an estimated price of approximately £278,303.
| 10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £225,000 | £53,303 | £278,303 |
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 | 43.342 % | £97,518 | £322,518 |
| 3 Month Average | 28.315 % | £63,708 | £288,708 |
| 6 Month Average | 29.142 % | £65,569 | £290,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £223,306 | £220,000 | 7 TURIN CLOSE |
| 11 Aug 2023 | £211,853 | £210,000 | 2 MILAN GROVE |
| 21 Jul 2023 | £263,547 | £260,000 | 5 MILAN GROVE |
| 12 Sep 2022 | £194,430 | £196,000 | 20 PARMA GROVE |
| 23 Feb 2022 | £277,904 | £265,000 | 14 PARMA GROVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Feb 2018. Using an estimated price of £278,303 means this house is valued at £3,236 per sq meter (£300 per sq foot).
The average size of a house on PARMA GROVE is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ransome Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freebridge Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melchester Grove |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Vienna Way |