£388,739
This estimated value is based upon the latest sale price for the house of £263,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Melville Court
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| Price Paid | Date |
|---|---|
| £263,000 | 14 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 November 2014 the House Price Index for STAFFORDSHIRE was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £263,000 results in an estimated price of approximately £388,739.
| 14 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 146.7 | 47.810 % | £263,000 | £125,739 | £388,739 |
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 | 24.762 % | £65,124 | £328,124 |
| 3 Month Average | 23.821 % | £62,648 | £325,648 |
| 6 Month Average | 26.715 % | £70,260 | £333,260 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 3 Sep 2014.
The average size of a house on PENMERE DRIVE is 123 sq meters (1,324 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melville Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melville Court |
| Jan 2024 | Anti-social behaviour | On or near Melville Court | |
| Jan 2024 | Anti-social behaviour | On or near Melville Court | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Melville Court |