£129,387
This estimated value is based upon the latest sale price for the house of £105,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£105,000 | 23 Nov 2018 |
£95,000 | 15 Jul 2016 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 November 2018 the House Price Index for STAFFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £105,000 results in an estimated price of approximately £129,387.
23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £105,000 | £24,387 | £129,387 |
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 | 6.864 % | £7,206 | £112,206 |
3 Month Average | 6.765 % | £7,102 | £112,102 |
6 Month Average | 6.713 % | £7,048 | £112,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £99,473 | £98,000 | 2 KELVIN STREET |
27 Sep 2023 | £131,684 | £130,000 | 32 CLIFTON STREET |
14 Jul 2023 | £144,951 | £143,000 | 7 KELVIN STREET |
28 Jun 2023 | £202,452 | £200,000 | 25 CLIFTON STREET |
6 Jan 2023 | £117,447 | £118,000 | 31 CROMER STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 May 2016. Using an estimated price of £129,388 means this house is valued at £1,637 per sq meter (£152 per sq foot).
The average size of a house on CLIFTON STREET is 79 sq meters (853 sq feet).