£93,421
This estimated value is based upon the latest sale price for the house of £69,950 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Ostend Place
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| Price Paid | Date |
|---|---|
| £69,950 | 17 Jun 2016 |
| £32,000 | 5 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 549 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 June 2016 the House Price Index for STAFFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £69,950 results in an estimated price of approximately £93,421.
| 17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £69,950 | £23,471 | £93,421 |
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 | 23.755 % | £16,616 | £86,566 |
| 3 Month Average | 21.092 % | £14,753 | £84,703 |
| 6 Month Average | 15.955 % | £11,160 | £81,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 27 Jun 2023 | £222,698 | £220,000 | 71 PARIS AVENUE |
| 13 Jan 2023 | £174,180 | £175,000 | 23 GALLOWSTREE LANE |
This house has a floor area of 51 sq meters or 549 sq feet when measured on 24 Mar 2011. Using an estimated price of £93,422 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on OSTEND PLACE is 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Ostend Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ostend Place |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ostend Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ostend Place |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ostend Place |