£399,920
This estimated value is based upon the latest sale price for the house of £370,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£370,000 | 25 Jun 2021 |
£240,000 | 21 Jun 2006 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2021 the House Price Index for STAFFORDSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £370,000 results in an estimated price of approximately £399,920.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £370,000 | £29,920 | £399,920 |
The Postcode Pricing Model uses changes in average sales price within the ST15 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 | -7.021 % | £-25,977 | £344,022 |
3 Month Average | -25.729 % | £-95,196 | £274,803 |
6 Month Average | -30.127 % | £-111,470 | £258,529 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £245,578 | £240,000 | 1 PARKWAY |
15 Aug 2023 | £567,740 | £557,500 | 103 LICHFIELD ROAD |
7 Sep 2022 | £9,993 | £10,000 | 4 WESTOVER DRIVE |
25 Jul 2022 | £237,379 | £235,000 | 13 RIDGE CROFT |
4 Apr 2022 | £601,705 | £580,000 | 1 WESTOVER DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 14 Oct 2019. Using an estimated price of £399,921 means this house is valued at £3,570 per sq meter (£331 per sq foot).
The average size of a house on RIDGE CROFT is 133 sq meters (1,436 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridge Croft |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Flax Croft |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jordan Way |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Altona Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Altona Close |