£332,894
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Jul 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 17 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 July 2016 the House Price Index for STAFFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £250,000 results in an estimated price of approximately £332,894.
| 17 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £250,000 | £82,894 | £332,894 |
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 | 33.011 % | £82,526 | £332,526 |
| 3 Month Average | 16.634 % | £41,585 | £291,585 |
| 6 Month Average | 23.086 % | £57,715 | £307,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £127,226 | £125,000 | FLAT 8 NEWCROFT COURT, 81 ALBERT TERRACE |
| 28 Sep 2023 | £341,365 | £337,000 | 14E PARK AVENUE |
| 17 Feb 2023 | £402,229 | £402,500 | 31 WOODLAND AVENUE |
| 22 Apr 2022 | £129,755 | £126,000 | 2 ALBERT TERRACE |
| 25 Mar 2022 | £217,615 | £210,000 | 19 ALBERT TERRACE |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 24 Aug 2016. Using an estimated price of £332,894 means this house is valued at £1,506 per sq meter (£139 per sq foot).
The average size of a house on WOODLAND AVENUE is 176 sq meters (1,903 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Terrace |