£91,674
This estimated value is based upon the latest sale price for the house of £60,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 11 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2014 the House Price Index for STAFFORDSHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £60,000 results in an estimated price of approximately £91,674.
| 11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £60,000 | £31,674 | £91,674 |
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 | 29.050 % | £17,429 | £77,429 |
| 3 Month Average | 29.068 % | £17,440 | £77,440 |
| 6 Month Average | 24.591 % | £14,754 | £74,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £130,000 | £130,000 | 21 RYDAL WAY |
| 18 Dec 2023 | £82,442 | £81,000 | 20 HUMBER WAY |
| 15 Sep 2023 | £165,111 | £163,000 | 3 THE BUNGALOWS WEAVER PLACE |
| 14 Jul 2023 | £136,842 | £135,000 | 24 SEVERN DRIVE |
| 18 Apr 2023 | £106,143 | £105,000 | 22 HUMBER WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Feb 2014. Using an estimated price of £91,674 means this house is valued at £1,273 per sq meter (£118 per sq foot).
The average size of a house on MEDWAY PLACE is 103 sq meters (1,108 sq feet).
This house is the largest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Medway Place | |
| Feb 2024 | Anti-social behaviour | On or near Medway Place | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Medway Place |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Medway Place |