£299,618
This estimated value is based upon the latest sale price for the house of £123,500 on 28 Mar 2003. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £123,500 | 28 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOKE-ON-TRENT to estimate the market value.
When this house was purchased in March 2003 the House Price Index for STOKE-ON-TRENT was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £123,500 results in an estimated price of approximately £299,618.
| 28 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £123,500 | £176,118 | £299,618 |
The Postcode Pricing Model uses changes in average sales price within the ST3 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 | 240.538 % | £297,064 | £420,564 |
| 3 Month Average | 193.281 % | £238,701 | £362,201 |
| 6 Month Average | 187.233 % | £231,233 | £354,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £211,853 | £210,000 | 2 MILAN GROVE |
| 21 Jul 2023 | £263,547 | £260,000 | 5 MILAN GROVE |
| 12 Sep 2022 | £194,430 | £196,000 | 20 PARMA GROVE |
| 22 Jul 2022 | £311,839 | £311,000 | 37 RAVENNA WAY |
| 17 May 2022 | £183,457 | £180,000 | 18 RAVENNA WAY |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 7 Jun 2012. Using an estimated price of £299,619 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on PALERMO DRIVE is 134 sq meters (1,447 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freebridge Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deanscroft Way |
| Mar 2024 | Anti-social behaviour | On or near Deanscroft Way | |
| Mar 2024 | Anti-social behaviour | On or near Deanscroft Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deanscroft Way |