£87,721
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Mar 2018. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for STOKE-ON-TRENT was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £70,000 results in an estimated price of approximately £87,721.
| 20 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £70,000 | £17,721 | £87,721 |
The Postcode Pricing Model uses changes in average sales price within the ST4 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 | 28.775 % | £20,142 | £90,142 |
| 3 Month Average | 15.026 % | £10,517 | £80,517 |
| 6 Month Average | -22.735 % | £-15,914 | £54,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £182,331 | £180,000 | 69 SPRINGFIELDS ROAD |
| 12 Sep 2023 | £164,605 | £162,500 | 82 SPRINGFIELDS ROAD |
| 24 Aug 2023 | £227,087 | £225,100 | 81 GODWIN WAY |
| 16 Jan 2023 | £164,226 | £165,000 | 41 GODWIN WAY |
| 27 Oct 2022 | £138,509 | £140,000 | 64 SPRINGFIELDS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Mar 2018. Using an estimated price of £87,722 means this house is valued at £1,056 per sq meter (£98 per sq foot).
The average size of a house on SPRINGFIELDS ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfields Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Springfields Road |