£199,736
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2016 the House Price Index for STAFFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £150,000 results in an estimated price of approximately £199,736.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £150,000 | £49,736 | £199,736 |
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 | -0.605 % | £-907 | £149,092 |
| 3 Month Average | 11.918 % | £17,877 | £167,877 |
| 6 Month Average | 26.960 % | £40,440 | £190,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £213,156 | £210,000 | 102 CORPORATION STREET |
| 17 Nov 2023 | £203,005 | £200,000 | 124 CORPORATION STREET |
| 28 Jul 2023 | £240,233 | £237,000 | 72 CORPORATION STREET |
| 5 Jun 2023 | £254,078 | £251,000 | 149 CORPORATION STREET |
| 28 Mar 2023 | £211,997 | £210,000 | 145 CORPORATION STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 Feb 2016. Using an estimated price of £199,736 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on CORPORATION STREET is 106 sq meters (1,150 sq feet).