£266,651
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Nov 2020. 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 Mercer Avenue
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Nov 2020 |
| £97,500 | 29 Oct 1999 |
| £76,950 | 22 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2020 the House Price Index for STAFFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £230,000 results in an estimated price of approximately £266,651.
| 20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £230,000 | £36,651 | £266,651 |
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 | -24.744 % | £-56,911 | £173,088 |
| 3 Month Average | -17.759 % | £-40,846 | £189,153 |
| 6 Month Average | -1.370 % | £-3,152 | £226,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £431,387 | £425,000 | 28 MERCER AVENUE |
| 3 Aug 2023 | £370,743 | £367,500 | 34 MERCER AVENUE |
| 2 Mar 2023 | £161,522 | £160,000 | 3 ASHFORD GROVE |
| 15 Jul 2022 | £367,489 | £366,500 | 40 MERCER AVENUE |
| 10 Sep 2021 | £441,813 | £410,000 | 3 PEMBROKE DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 2 Dec 2014. Using an estimated price of £266,651 means this house is valued at £2,930 per sq meter (£272 per sq foot).
The average size of a house on MERCER AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Mercer Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashford Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrow Place |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sheridan Way |
| Mar 2024 | Other theft | Under investigation | On or near Augustine Close |