£279,956
This estimated value is based upon the latest sale price for the house of £276,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £276,000 | 30 Jun 2022 |
| £217,000 | 21 Sep 2020 |
| £172,500 | 18 Dec 2014 |
| £164,950 | 14 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2022 the House Price Index for STAFFORDSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £276,000 results in an estimated price of approximately £279,956.
| 30 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £276,000 | £3,956 | £279,956 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | -8.288 % | £-22,874 | £253,125 |
| 3 Month Average | -5.981 % | £-16,508 | £259,491 |
| 6 Month Average | -11.600 % | £-32,016 | £243,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £288,691 | £285,000 | 4 LUDFORD CLOSE |
| 15 Feb 2023 | £297,300 | £297,500 | 30 BARBRIDGE ROAD |
| 30 Jun 2022 | £279,956 | £276,000 | 10 MEREMORE DRIVE |
| 10 Jun 2022 | £315,458 | £311,000 | 7 BARBRIDGE ROAD |
| 17 Mar 2022 | £269,428 | £260,000 | 35 MEREMORE DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Aug 2020. Using an estimated price of £279,956 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on MEREMORE DRIVE is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Meremore Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Meremore Drive |
| Apr 2024 | Burglary | Under investigation | On or near Ludford Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Smallwood Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Burford Avenue |