£184,746
This estimated value is based upon the latest sale price for the house of £122,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 15 Aug 2014 |
| £132,000 | 16 Sep 2011 |
| £54,000 | 20 Feb 1998 |
| Semi-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 August 2014 the House Price Index for STAFFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £122,000 results in an estimated price of approximately £184,746.
| 15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £122,000 | £62,746 | £184,746 |
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 | 18.512 % | £22,584 | £144,584 |
| 3 Month Average | 23.333 % | £28,466 | £150,466 |
| 6 Month Average | 30.873 % | £37,665 | £159,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £164,210 | £162,000 | 94 CHARNLEY ROAD |
| 20 Jun 2023 | £281,409 | £278,000 | 3 CHARNLEY ROAD |
| 12 Apr 2023 | £229,471 | £227,000 | 3 CHESHAM ROAD |
| 17 Mar 2023 | £146,379 | £145,000 | 55 CHARNLEY ROAD |
| 27 Oct 2022 | £164,232 | £166,000 | 19 CHARNLEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Jun 2015. Using an estimated price of £184,747 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on CHESHAM ROAD is 87 sq meters (941 sq feet).