£218,610
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 11 Dec 2015 |
| £114,950 | 28 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2015 the House Price Index for STAFFORDSHIRE was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £160,000 results in an estimated price of approximately £218,610.
| 11 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £160,000 | £58,610 | £218,610 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | -2.753 % | £-4,404 | £155,595 |
| 3 Month Average | 10.416 % | £16,664 | £176,664 |
| 6 Month Average | 28.111 % | £44,976 | £204,976 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 May 2015.
The average size of a house on MELBOURNE CRESCENT is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near A513 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ellington Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Ellington Avenue |
| Mar 2024 | Public order | Further action is not in the public interest | On or near Tasman Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Tasman Drive |