£178,775
This estimated value is based upon the latest sale price for the house of £148,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 21 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 2020 the House Price Index for STAFFORDSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £148,000 results in an estimated price of approximately £178,775.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £148,000 | £30,775 | £178,775 |
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 | 85.934 % | £127,182 | £275,182 |
| 3 Month Average | 26.441 % | £39,132 | £187,132 |
| 6 Month Average | 13.762 % | £20,368 | £168,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £127,296 | £125,000 | 21 SILVERDALE STREET |
| 4 Apr 2023 | £157,954 | £155,000 | 24 DOWNHAM ROAD |
| 28 Oct 2022 | £128,571 | £129,000 | 3 DOWNHAM ROAD |
| 9 Sep 2022 | £181,879 | £182,000 | 26 DOWNHAM ROAD |
| 8 Apr 2022 | £171,175 | £165,000 | 1 SILVERDALE STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 28 Feb 2020. Using an estimated price of £178,775 means this house is valued at £2,883 per sq meter (£267 per sq foot).
The average size of a house on MAGENTA DRIVE is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheriden Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sheriden Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Lane |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grove Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Street |