£437,570
This estimated value is based upon the latest sale price for the house of £277,500 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £277,500 | 24 Jan 2014 |
| £225,000 | 15 Jan 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 January 2014 the House Price Index for STAFFORDSHIRE was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £277,500 results in an estimated price of approximately £437,570.
| 24 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £277,500 | £160,070 | £437,570 |
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 | 36.844 % | £102,241 | £379,741 |
| 3 Month Average | 25.248 % | £70,063 | £347,563 |
| 6 Month Average | 27.922 % | £77,484 | £354,984 |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 3 Aug 2013.
The average size of a house on MELROSE AVENUE is 107 sq meters (1,155 sq feet).
This house is the largest in the street with a floor area of 183 sq meters (1,969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fountains Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Dartmouth Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dartmouth Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Langdale Road |