£318,323
This estimated value is based upon the latest sale price for the house of £230,000 on 7 Dec 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£230,000 | 7 Dec 2015 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 December 2015 the House Price Index for STAFFORDSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £230,000 results in an estimated price of approximately £318,323.
7 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £230,000 | £88,323 | £318,323 |
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 | 22.561 % | £51,890 | £281,890 |
3 Month Average | 24.122 % | £55,480 | £285,480 |
6 Month Average | 20.542 % | £47,245 | £277,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2022 | £373,993 | £375,000 | 4 GEORGE LANE |
25 Feb 2022 | £393,260 | £375,000 | 20 SHERIDAN WAY |
28 Oct 2021 | £591,966 | £535,000 | LIA FAIL UTTOXETER ROAD |
26 Aug 2021 | £252,687 | £226,500 | 23 UTTOXETER ROAD |
29 Jun 2021 | £364,794 | £340,000 | 4 JOHNSON GROVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 13 Oct 2015. Using an estimated price of £318,323 means this house is valued at £2,587 per sq meter (£240 per sq foot).
The average size of a house on MERCER AVENUE is 128 sq meters (1,383 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackie'S Lane |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Sheridan Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrow Place |
Mar 2024 | Burglary | Under investigation | On or near Mercer Avenue |