£138,492
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£85,000 | 30 Mar 2007 |
£23,500 | 4 Dec 1998 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 606 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 2007 the House Price Index for STOKE-ON-TRENT was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £85,000 results in an estimated price of approximately £138,492.
30 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £85,000 | £53,492 | £138,492 |
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 | 63.893 % | £54,309 | £139,309 |
3 Month Average | 44.108 % | £37,491 | £122,491 |
6 Month Average | 37.288 % | £31,694 | £116,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £129,951 | £127,000 | 6 KENSINGTON COURT |
12 Jun 2023 | £97,963 | £96,000 | 8 ELPHINSTONE ROAD |
3 Mar 2023 | £135,259 | £133,000 | 2 ELPHINSTONE ROAD |
23 Feb 2023 | £139,935 | £139,000 | 21 WATSON ROAD |
14 Feb 2023 | £106,713 | £106,000 | 843 LONDON ROAD |
This house has a floor area of 56 sq meters or 606 sq feet when measured on 30 Jan 2012. Using an estimated price of £138,492 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on FLASH LANE is 79 sq meters (853 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (606 sq feet).