£191,923
This estimated value is based upon the latest sale price for the house of £190,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 11 Jul 2022 |
| £150,000 | 16 Nov 2020 |
| £132,500 | 13 Aug 2018 |
| £113,000 | 1 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2022 the House Price Index for STOKE-ON-TRENT was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £190,000 results in an estimated price of approximately £191,923.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £190,000 | £1,923 | £191,923 |
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 | -14.998 % | £-28,496 | £161,503 |
| 3 Month Average | -8.860 % | £-16,834 | £173,165 |
| 6 Month Average | 4.730 % | £8,987 | £198,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £225,000 | £225,000 | 55 RAMAGE GROVE |
| 10 Apr 2024 | £176,533 | £175,000 | 453 LIGHTWOOD ROAD |
| 19 Dec 2023 | £165,072 | £160,000 | 3 AINSDALE CLOSE |
| 19 Dec 2023 | £77,326 | £74,950 | FLAT 1 FOLEY COURT WATERY LANE |
| 24 Nov 2023 | £256,511 | £250,000 | 2 FERNDOWN CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Aug 2020. Using an estimated price of £191,923 means this house is valued at £2,558 per sq meter (£237 per sq foot).
The average size of a house on FERNDOWN CLOSE is 109 sq meters (1,176 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Welsh Close |
| Jul 2024 | Other crime | Under investigation | On or near Welsh Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welsh Close |
| Jul 2024 | Anti-social behaviour | On or near Watery Lane | |
| Jul 2024 | Anti-social behaviour | On or near Watery Lane |