£282,236
This estimated value is based upon the latest sale price for the house of £109,950 on 22 Nov 2002. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £109,950 | 22 Nov 2002 |
| £86,000 | 7 Sep 2001 |
| £73,950 | 2 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 November 2002 the House Price Index for STAFFORDSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £109,950 results in an estimated price of approximately £282,236.
| 22 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £109,950 | £172,286 | £282,236 |
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 | 107.588 % | £118,293 | £228,243 |
| 3 Month Average | 106.664 % | £117,276 | £227,226 |
| 6 Month Average | 135.302 % | £148,764 | £258,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £202,452 | £200,000 | 2 GIBSON CLOSE |
| 5 Apr 2022 | £170,947 | £166,000 | 31 GIBSON CLOSE |
| 10 Dec 2021 | £224,989 | £210,000 | 133 OXFORD GARDENS |
| 10 Nov 2021 | £195,754 | £181,000 | 30 COURTLAND MEWS |
| 15 Oct 2021 | £196,953 | £178,000 | 123 OXFORD GARDENS |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 8 Sep 2015. Using an estimated price of £282,236 means this house is valued at £2,222 per sq meter (£206 per sq foot).
The average size of a house on GIBSON CLOSE is 94 sq meters (1,020 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibson Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Moccasin Way |
| Jan 2024 | Drugs | Under investigation | On or near Moccasin Way |