£276,700
This estimated value is based upon the latest sale price for the house of £224,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £224,000 | 28 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2019 the House Price Index for STAFFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £224,000 results in an estimated price of approximately £276,700.
| 28 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £224,000 | £52,700 | £276,700 |
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 | 21.022 % | £47,089 | £271,089 |
| 3 Month Average | 2.480 % | £5,554 | £229,554 |
| 6 Month Average | 4.867 % | £10,902 | £234,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £239,839 | £240,000 | 7 KINGSTON AVENUE |
| 8 Feb 2023 | £242,837 | £243,000 | 9 PALMER CLOSE |
| 28 Jul 2022 | £270,729 | £270,000 | 209 WESTON ROAD |
| 5 Apr 2022 | £187,938 | £182,500 | 7 PANTON CLOSE |
| 11 Feb 2022 | £241,200 | £230,000 | 12 LOCKE WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 20 Jul 2018. Using an estimated price of £276,700 means this house is valued at £3,074 per sq meter (£285 per sq foot).
The average size of a house on PALMER CLOSE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Alliss Close |
| Jan 2024 | Anti-social behaviour | On or near Weston Road | |
| Jan 2024 | Anti-social behaviour | On or near Weston Road | |
| Jan 2024 | Anti-social behaviour | On or near Weston Road | |
| Jan 2024 | Anti-social behaviour | On or near Weston Road |