£376,467
This estimated value is based upon the latest sale price for the house of £221,950 on 28 May 2010. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £221,950 | 28 May 2010 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,415 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 May 2010 the House Price Index for STAFFORDSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £221,950 results in an estimated price of approximately £376,467.
| 28 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £221,950 | £154,517 | £376,467 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 23.925 % | £53,101 | £275,051 |
| 3 Month Average | 31.734 % | £70,433 | £292,383 |
| 6 Month Average | 43.970 % | £97,591 | £319,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £230,012 | £228,000 | 8 FAIROAK AVENUE |
| 31 Mar 2022 | £300,516 | £290,000 | 10 COPPICE WAY |
| 22 Dec 2021 | £461,764 | £431,000 | 8 OLD SCHOOL DRIVE |
| 30 Sep 2021 | £371,769 | £345,000 | 37 OLD SCHOOL DRIVE |
| 6 Nov 2020 | £266,651 | £230,000 | 84 OLD SCHOOL DRIVE |
This house has a floor area of 131 sq meters or 1,415 sq feet when measured on 2 Dec 2009. Using an estimated price of £376,468 means this house is valued at £2,862 per sq meter (£265 per sq foot).
The average size of a house on BALFOUR GROVE is 149 sq meters (1,608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Old School Drive |
| Apr 2024 | Other theft | Under investigation | On or near Old School Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Drive |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Old School Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Old School Drive |