£280,116
This estimated value is based upon the latest sale price for the house of £60,000 on 18 Nov 1998. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 18 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 1998 the House Price Index for STAFFORDSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £60,000 results in an estimated price of approximately £280,116.
| 18 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £60,000 | £220,116 | £280,116 |
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 | 392.374 % | £235,424 | £295,424 |
| 3 Month Average | 322.706 % | £193,623 | £253,623 |
| 6 Month Average | 325.500 % | £195,300 | £255,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £172,500 | £172,500 | 19 DOWNFIELD GROVE |
| 25 Mar 2024 | £370,695 | £365,000 | 88 OLD SCHOOL DRIVE |
| 12 Apr 2023 | £234,384 | £230,000 | 14 DOWNFIELD GROVE |
| 31 Mar 2022 | £302,741 | £290,000 | 10 COPPICE WAY |
| 8 Nov 2021 | £193,390 | £177,500 | 8 DOWNFIELD GROVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 29 May 2018. Using an estimated price of £280,117 means this house is valued at £5,093 per sq meter (£473 per sq foot).
The average size of a house on FAIROAK AVENUE is 90 sq meters (969 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| May 2024 | Public order | Unable to prosecute suspect | On or near Elmhurst Close |