£283,723
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 19 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2018 the House Price Index for STAFFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £230,000 results in an estimated price of approximately £283,723.
| 19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £230,000 | £53,723 | £283,723 |
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 | 28.624 % | £65,834 | £295,834 |
| 3 Month Average | 11.953 % | £27,490 | £257,490 |
| 6 Month Average | 15.533 % | £35,726 | £265,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £254,452 | £250,000 | 27 PENMERE DRIVE |
| 17 Nov 2023 | £157,329 | £155,000 | 3 MERIDEN ROAD |
| 10 Nov 2023 | £192,855 | £190,000 | 11 FERNDOWN DRIVE |
| 10 Nov 2023 | £186,765 | £184,000 | 8 HAMILTON COURT |
| 23 Aug 2023 | £209,836 | £208,000 | 23 FERNDOWN DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Aug 2018. Using an estimated price of £283,723 means this house is valued at £3,261 per sq meter (£302 per sq foot).
The average size of a house on MERIDEN ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Glendale Court | |
| Feb 2024 | Anti-social behaviour | On or near Glendale Court | |
| Jan 2024 | Anti-social behaviour | On or near Glendale Court | |
| Jan 2024 | Anti-social behaviour | On or near Glendale Court | |
| Jan 2024 | Anti-social behaviour | On or near Glendale Court |