£56,974
This estimated value is based upon the latest sale price for the house of £11,500 on 24 Oct 1997. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £11,500 | 24 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 1997 the House Price Index for STOKE-ON-TRENT was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £11,500 results in an estimated price of approximately £56,974.
| 24 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £11,500 | £45,474 | £56,974 |
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 | 426.230 % | £49,016 | £60,516 |
| 3 Month Average | 302.796 % | £34,821 | £46,321 |
| 6 Month Average | 309.839 % | £35,631 | £47,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £142,104 | £140,000 | 229 WATERSIDE DRIVE |
| 10 Nov 2023 | £131,954 | £130,000 | 88 WIMBORNE AVENUE |
| 3 Nov 2023 | £163,419 | £161,000 | 75 WATERSIDE DRIVE |
| 27 Sep 2023 | £126,619 | £125,000 | 3 WYNDHAM ROAD |
| 29 Aug 2023 | £134,174 | £133,000 | 28 UFTON CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 7 Apr 2016. Using an estimated price of £56,974 means this house is valued at £694 per sq meter (£64 per sq foot).
The average size of a house on ULVERSTON ROAD is 90 sq meters (976 sq feet).