£213,151
This estimated value is based upon the latest sale price for the house of £172,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 27 Jul 2018 |
| £135,000 | 14 Sep 2012 |
| £132,000 | 27 Apr 2007 |
| £73,500 | 16 Jun 2000 |
| £55,000 | 22 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 July 2018 the House Price Index for STAFFORDSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £172,000 results in an estimated price of approximately £213,151.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £172,000 | £41,151 | £213,151 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | -8.872 % | £-15,259 | £156,740 |
| 3 Month Average | 12.376 % | £21,286 | £193,286 |
| 6 Month Average | 18.192 % | £31,290 | £203,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £188,295 | £185,000 | 30 NEW STREET |
| 24 Nov 2023 | £147,179 | £145,000 | 41 NEW STREET |
| 22 Sep 2023 | £151,943 | £150,000 | 19 NEW STREET |
| 28 Jul 2023 | £210,331 | £207,500 | 12 HILL STREET |
| 17 Mar 2023 | £102,465 | £101,500 | 9 BRAZIER CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 30 Apr 2012. Using an estimated price of £213,152 means this house is valued at £1,869 per sq meter (£173 per sq foot).
The average size of a house on UNION STREET is 105 sq meters (1,131 sq feet).