£184,448
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Jun 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Forum Road
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2014 the House Price Index for STAFFORDSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £120,000 results in an estimated price of approximately £184,448.
| 16 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £120,000 | £64,448 | £184,448 |
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 | 40.608 % | £48,729 | £168,729 |
| 3 Month Average | 35.481 % | £42,577 | £162,577 |
| 6 Month Average | 29.461 % | £35,353 | £155,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £243,607 | £240,000 | 2 ROMAN DRIVE |
| 18 Sep 2023 | £192,461 | £190,000 | 37 HORATIUS ROAD |
| 21 Apr 2023 | £222,395 | £220,000 | 25 ROMAN DRIVE |
| 30 Mar 2023 | £168,588 | £167,000 | 32 PALATINE DRIVE |
| 30 Mar 2023 | £181,712 | £180,000 | 26 TIBER DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Mar 2014. Using an estimated price of £184,449 means this house is valued at £2,837 per sq meter (£263 per sq foot).
The average size of a house on FORUM ROAD is 114 sq meters (1,227 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Forum Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Way |