£308,779
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Jan 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 12 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 January 2016 the House Price Index for STAFFORDSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £225,000 results in an estimated price of approximately £308,779.
| 12 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £225,000 | £83,779 | £308,779 |
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 | 24.198 % | £54,445 | £279,445 |
| 3 Month Average | 23.883 % | £53,737 | £278,737 |
| 6 Month Average | 12.472 % | £28,061 | £253,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,096 | £230,000 | 44 PARIS AVENUE |
| 29 Sep 2023 | £101,295 | £100,000 | 4 LISBON PLACE |
| 27 Sep 2023 | £101,295 | £100,000 | 25 LISBON PLACE |
| 1 Aug 2023 | £95,838 | £95,000 | 24 LISBON PLACE |
| 14 Apr 2023 | £272,939 | £270,000 | 8 LUGANO CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 19 Aug 2015. Using an estimated price of £308,780 means this house is valued at £2,573 per sq meter (£239 per sq foot).
The average size of a house on LUGANO CLOSE is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Naples Drive |
| Jan 2024 | Anti-social behaviour | On or near Lisbon Place | |
| Jan 2024 | Anti-social behaviour | On or near Lisbon Place | |
| Jan 2024 | Anti-social behaviour | On or near Lisbon Place | |
| Jan 2024 | Anti-social behaviour | On or near Lisbon Place |