£178,909
This estimated value is based upon the latest sale price for the house of £170,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 7 Jan 2022 |
| £69,000 | 20 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2022 the House Price Index for STAFFORDSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £170,000 results in an estimated price of approximately £178,909.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £170,000 | £8,909 | £178,909 |
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 | -34.495 % | £-58,641 | £111,358 |
| 3 Month Average | 7.170 % | £12,188 | £182,188 |
| 6 Month Average | 7.908 % | £13,443 | £183,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £126,878 | £125,000 | 35 OXFORD ROAD |
| 29 Sep 2023 | £164,098 | £162,000 | 4 BASFORD COURT |
| 29 Sep 2023 | £240,070 | £237,000 | 16 BASFORD COURT |
| 4 Aug 2023 | £161,412 | £160,000 | 23 SOMERVILLE AVENUE |
| 31 Jul 2023 | £126,705 | £125,000 | 46 OXFORD ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Oct 2021. Using an estimated price of £178,909 means this house is valued at £2,293 per sq meter (£213 per sq foot).
The average size of a house on SOMERVILLE AVENUE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerville Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Basford Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Basford Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Basford Court |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Basford Court |