£334,202
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Mar 2009. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £180,000 | 13 Mar 2009 |
| £160,000 | 25 Feb 2005 |
| £70,000 | 11 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 211 sq meters or 2,271 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 March 2009 the House Price Index for STOKE-ON-TRENT was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £180,000 results in an estimated price of approximately £334,202.
| 13 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 148.6 | 85.668 % | £180,000 | £154,202 | £334,202 |
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 | 99.173 % | £178,511 | £358,511 |
| 3 Month Average | 54.323 % | £97,782 | £277,782 |
| 6 Month Average | 58.678 % | £105,620 | £285,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £250,199 | £247,000 | 30 MELCHESTER GROVE |
| 25 Jul 2023 | £283,820 | £280,000 | 16 BOLBERRY CLOSE |
| 3 Feb 2023 | £153,896 | £154,000 | 87 STAR & GARTER ROAD |
| 20 Jan 2023 | £337,908 | £339,500 | 1 TRECASTLE GROVE |
| 18 Dec 2021 | £278,558 | £260,000 | 35 MELCHESTER GROVE |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 2 Feb 2016. Using an estimated price of £334,203 means this house is valued at £1,583 per sq meter (£147 per sq foot).
The average size of a house on MELCHESTER GROVE is 131 sq meters (1,418 sq feet).
This house is the largest in the street with a floor area of 211 sq meters (2,271 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Melchester Grove |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chelmorton Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranworth Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Meir Road |
| Mar 2024 | Other theft | Under investigation | On or near Meir Road |