£187,627
This estimated value is based upon the latest sale price for the house of £153,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£153,000 | 11 Oct 2019 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 October 2019 the House Price Index for STOKE-ON-TRENT was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £153,000 results in an estimated price of approximately £187,627.
11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £153,000 | £34,627 | £187,627 |
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 | 15.725 % | £24,059 | £177,059 |
3 Month Average | 17.220 % | £26,346 | £179,346 |
6 Month Average | 22.024 % | £33,697 | £186,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jan 2023 | £171,194 | £172,000 | 26 UPPER BELGRAVE ROAD |
5 Aug 2022 | £79,785 | £80,000 | 52 BUCCLEUCH ROAD |
14 Jan 2022 | £173,647 | £165,000 | 3 WINGROVE AVENUE |
21 Aug 2020 | £77,939 | £65,000 | 72 ARGYLL ROAD |
31 Jul 2020 | £168,079 | £139,000 | 11 UPPER BELGRAVE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Jul 2019. Using an estimated price of £187,627 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on UPPER BELGRAVE ROAD is 119 sq meters (1,288 sq feet).