£123,337
This estimated value is based upon the latest sale price for the house of £100,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 12 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2019 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 23.337%.Applying this 23.337% change to the original purchase price of £100,000 results in an estimated price of approximately £123,337.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £100,000 | £23,337 | £123,337 |
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 | 0.760 % | £760 | £100,760 |
| 3 Month Average | 7.199 % | £7,199 | £107,199 |
| 6 Month Average | 13.918 % | £13,918 | £113,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £146,778 | £145,000 | 113 REEVES AVENUE |
| 1 Feb 2023 | £164,889 | £165,000 | 55 NAVIGATION WAY |
| 26 Sep 2022 | £153,758 | £155,000 | 98 REEVES AVENUE |
| 1 Sep 2022 | £142,350 | £143,500 | 44 REEVES AVENUE |
| 5 Jul 2022 | £275,742 | £275,000 | 45 MILEHOUSE LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Apr 2019. Using an estimated price of £123,337 means this house is valued at £1,644 per sq meter (£152 per sq foot).
The average size of a house on REEVES AVENUE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Under investigation | On or near Cloverdale Road |
| Feb 2024 | Drugs | Local resolution | On or near Cloverdale Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cloverdale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coppice View |
| Feb 2024 | Anti-social behaviour | On or near Coppice View |