£107,131
This estimated value is based upon the latest sale price for the house of £83,000 on 15 Jun 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£83,000 | 15 Jun 2017 |
£55,000 | 12 Sep 2002 |
Flats/Maisonettes |
Freehold |
Floor Area: 56 sq meters or 602 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 June 2017 the House Price Index for STAFFORDSHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £83,000 results in an estimated price of approximately £107,131.
15 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £83,000 | £24,131 | £107,131 |
The Postcode Pricing Model uses changes in average sales price within the DE14 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 | 34.195 % | £28,381 | £111,381 |
3 Month Average | 18.435 % | £15,300 | £98,300 |
6 Month Average | 15.205 % | £12,620 | £95,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £102,605 | £100,000 | 15 DERWENT CLOSE |
28 Apr 2023 | £169,164 | £166,000 | FLAT 33 3 THE MALTINGS |
26 Apr 2023 | £178,336 | £175,000 | FLAT 58 3 THE MALTINGS |
25 Apr 2023 | £118,211 | £116,000 | FLAT 69 3 THE MALTINGS |
21 Apr 2023 | £171,202 | £168,000 | FLAT 60 3 THE MALTINGS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Apr 2016. Using an estimated price of £107,131 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on DERWENT CLOSE is 55 sq meters (596 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
May 2024 | Anti-social behaviour | On or near Churnet Court | |
May 2024 | Anti-social behaviour | On or near Churnet Court | |
May 2024 | Anti-social behaviour | On or near Churnet Court | |
Apr 2024 | Other theft | Under investigation | On or near Churnet Court |