£217,855
This estimated value is based upon the latest sale price for the house of £45,000 on 27 Feb 1998. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£45,000 | 27 Feb 1998 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 February 1998 the House Price Index for STAFFORDSHIRE was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £45,000 results in an estimated price of approximately £217,855.
27 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 149.7 | 384.123 % | £45,000 | £172,855 | £217,855 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | 232.403 % | £104,581 | £149,581 |
3 Month Average | 215.727 % | £97,077 | £142,077 |
6 Month Average | 251.463 % | £113,158 | £158,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £74,500 | £74,500 | FLAT 29 TOWNSHEND HOUSE LICHFIELD STREET |
10 May 2024 | £208,000 | £208,000 | 12 - 13 SILVER STREET |
1 Mar 2024 | £137,107 | £135,000 | 8 BALFOUR |
8 Dec 2023 | £98,012 | £95,000 | FLAT 46 WEYMOUTH HOUSE BALFOUR |
1 Dec 2023 | £314,669 | £305,000 | 16 LICHFIELD STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 Jun 2013. Using an estimated price of £217,855 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on BALFOUR is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Balfour |
Jul 2024 | Anti-social behaviour | On or near Balfour | |
Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Balfour |
Jul 2024 | Anti-social behaviour | On or near Balfour | |
Jun 2024 | Other crime | Awaiting court outcome | On or near Balfour |