£147,314
This estimated value is based upon the latest sale price for the house of £137,500 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 20 Dec 2021 |
| £75,000 | 6 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2021 the House Price Index for STAFFORDSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £137,500 results in an estimated price of approximately £147,314.
| 20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £137,500 | £9,814 | £147,314 |
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 | 14.156 % | £19,464 | £156,964 |
| 3 Month Average | 9.169 % | £12,607 | £150,107 |
| 6 Month Average | 4.006 % | £5,508 | £143,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £152,671 | £150,000 | 71 VALE VIEW |
| 16 Nov 2023 | £131,954 | £130,000 | 47 VALE VIEW |
| 26 Sep 2023 | £192,461 | £190,000 | 57 ST EDMUNDS AVENUE |
| 30 Jun 2023 | £133,619 | £132,000 | 54 ORFORD STREET |
| 2 Jun 2023 | £121,471 | £120,000 | 94 BOULTON STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Nov 2016. Using an estimated price of £147,314 means this house is valued at £1,841 per sq meter (£171 per sq foot).
The average size of a house on VALE VIEW is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orford Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orford Street |
| Apr 2024 | Burglary | Under investigation | On or near St Edmund'S Avenue |
| Apr 2024 | Burglary | Under investigation | On or near St Edmund'S Avenue |
| Apr 2024 | Burglary | Under investigation | On or near St Edmund'S Avenue |