£171,872
This estimated value is based upon the latest sale price for the house of £107,000 on 27 Apr 2007. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £107,000 | 27 Apr 2007 |
| £74,500 | 22 Sep 2006 |
| £31,000 | 27 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2007 the House Price Index for STAFFORDSHIRE was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £107,000 results in an estimated price of approximately £171,872.
| 27 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £107,000 | £64,872 | £171,872 |
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 | 32.035 % | £34,277 | £141,277 |
| 3 Month Average | 33.157 % | £35,478 | £142,478 |
| 6 Month Average | 25.713 % | £27,513 | £134,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2022 | £72,305 | £72,500 | APARTMENT 2 ORME HOUSE, 1 ORME ROAD |
| 20 Jun 2022 | £77,089 | £76,000 | 22 POOL DAM |
| 9 Feb 2022 | £94,383 | £90,000 | 6 SILVERDALE ROAD |
| 20 Dec 2021 | £100,442 | £93,750 | 20 POOL DAM |
| 10 Sep 2021 | £70,044 | £65,000 | APARTMENT 36 ORME HOUSE, 1 ORME ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Oct 2021. Using an estimated price of £171,873 means this house is valued at £2,455 per sq meter (£228 per sq foot).
The average size of a house on SILVERDALE ROAD is 75 sq meters (808 sq feet).