£128,764
This estimated value is based upon the latest sale price for the house of £83,000 on 2 Nov 2007. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£83,000 | 2 Nov 2007 |
£60,000 | 20 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 November 2007 the House Price Index for STAFFORDSHIRE was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £83,000 results in an estimated price of approximately £128,764.
2 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.6 | 55.138 % | £83,000 | £45,764 | £128,764 |
The Postcode Pricing Model uses changes in average sales price within the WS12 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 | 2.126 % | £1,764 | £84,764 |
3 Month Average | 46.518 % | £38,610 | £121,610 |
6 Month Average | 48.812 % | £40,514 | £123,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £145,149 | £143,000 | 9 DEERHURST RISE |
18 Aug 2023 | £149,306 | £148,000 | 6 SANDOWN CLOSE |
31 Jul 2023 | £354,775 | £350,000 | 21 ST ANDREW CLOSE |
20 Apr 2023 | £156,687 | £155,000 | 3 GOODWOOD CLOSE |
28 Oct 2022 | £227,550 | £230,000 | 11 JUNIPER CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Nov 2018. Using an estimated price of £128,765 means this house is valued at £1,497 per sq meter (£139 per sq foot).
There is one other house on the street which we know the size of, this is 13 JESMOND CLOSE it is 91.0