£63,333
This estimated value is based upon the latest sale price for the house of £44,000 on 6 Jul 2015. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £44,000 | 6 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2015 the House Price Index for STOKE-ON-TRENT was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £44,000 results in an estimated price of approximately £63,333.
| 6 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £44,000 | £19,333 | £63,333 |
The Postcode Pricing Model uses changes in average sales price within the ST6 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 | 9.396 % | £4,134 | £48,134 |
| 3 Month Average | 18.380 % | £8,087 | £52,087 |
| 6 Month Average | 16.862 % | £7,419 | £51,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £50,890 | £50,000 | 34 STANFIELD ROAD |
| 28 Apr 2023 | £68,235 | £67,500 | 183 HAMIL ROAD |
| 14 Apr 2023 | £75,816 | £75,000 | 17 LORNE STREET |
| 22 Mar 2023 | £98,427 | £97,500 | 31 LORNE STREET |
| 3 Mar 2023 | £121,141 | £120,000 | 8 LOUISE STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Dec 2014. Using an estimated price of £63,334 means this house is valued at £945 per sq meter (£87 per sq foot).
The average size of a house on LORNE STREET is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Street |
| Jan 2024 | Drugs | Under investigation | On or near Lorne Street |