This estimated value is based upon the latest sale price for the house of £252,630 on 12 Jan 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE1
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|£252,630||12 Jan 2017|
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 January 2017 the House Price Index for STAFFORDSHIRE was 110.0.The House Price Index as of 1 Dec 2019 is 123.6 which is a change of 12.346%.
Applying this 12.346% change to the original purchase price of £252,630 gives us an estimated price now of around £283,818.
|12 Jan 2017||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the WS11 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||64.042 %||£161,789||£414,419|
|3 Month Average||16.026 %||£40,485||£293,115|
|6 Month Average||14.498 %||£36,627||£289,257|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In January 2017 the average sale price for the 50 nearest sales within three miles of BEECROFT COURT BLOCK F BEECROFT ROAD was £141,634.
In September 2020 the average sale price for the 2 nearest sales was £135,241. This is a change of -4.514%.
So taking the original purchase price of £252,630 and adjusting it by -4.514% gives an estimated price of £241,226.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 12 Jan 2017||Average price on 29 Sep 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|22 Nov 2019||£231,892||£230,000||156 ALLPORT STREET|
|8 Oct 2019||£141,320||£140,000||19 PRICE STREET|
|12 Sep 2019||£243,490||£240,000||170 ALLPORT STREET|
|9 Aug 2019||£73,776||£72,000||FLAT 7 ROWAN CROFT PRICE STREET|
|3 May 2019||£104,768||£100,000||146 ALLPORT STREET|