£137,517
This estimated value is based upon the latest sale price for the house of £110,500 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,500 | 4 Jan 2019 |
| £92,000 | 21 Oct 2011 |
| £83,235 | 26 Mar 2004 |
| £64,950 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2019 the House Price Index for STAFFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £110,500 results in an estimated price of approximately £137,517.
| 4 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £110,500 | £27,017 | £137,517 |
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 | 76.627 % | £84,672 | £195,172 |
| 3 Month Average | 26.414 % | £29,186 | £139,686 |
| 6 Month Average | 14.819 % | £16,374 | £126,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £129,489 | £127,500 | 48 DIMSDALE PARADE EAST |
| 8 Dec 2023 | £170,231 | £165,000 | 45 KINGS AVENUE |
| 1 Dec 2023 | £48,490 | £47,000 | APARTMENT 3 SOUTH VIEW, 7 SOUTH TERRACE |
| 10 Nov 2023 | £513,023 | £500,000 | 15 SOUTHLANDS AVENUE |
| 20 Oct 2023 | £219,997 | £215,000 | 31 SOUTHLANDS AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Sep 2018. Using an estimated price of £137,517 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on SOUTH TERRACE is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmsford Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chelmsford Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dimsdale Parade East |
| May 2024 | Violence and sexual offences | Under investigation | On or near Marsh Way |
| May 2024 | Anti-social behaviour | On or near Marsh Way |