£166,418
This estimated value is based upon the latest sale price for the house of £145,000 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 9 Dec 2020 |
| £67,000 | 1 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 December 2020 the House Price Index for STAFFORDSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £145,000 results in an estimated price of approximately £166,418.
| 9 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £145,000 | £21,418 | £166,418 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 61.539 % | £89,231 | £234,231 |
| 3 Month Average | 10.782 % | £15,634 | £160,634 |
| 6 Month Average | 12.466 % | £18,075 | £163,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £121,471 | £120,000 | 12 JEDBURGH AVENUE |
| 7 Mar 2023 | £267,520 | £265,000 | 2 CUNNINGHAM ROAD |
| 25 Jan 2023 | £44,789 | £45,000 | 36 MELROSE DRIVE |
| 4 Nov 2022 | £149,193 | £151,000 | 20 MELROSE DRIVE |
| 11 May 2022 | £107,016 | £105,000 | 50 MELROSE DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 23 Sep 2019. Using an estimated price of £166,418 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on JEDBURGH AVENUE is 46 sq meters (504 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Jedburgh Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elgin Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgin Court |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Elgin Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgin Court |