£189,214
This estimated value is based upon the latest sale price for the house of £124,950 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,950 | 29 Aug 2014 |
| 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 August 2014 the House Price Index for STAFFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £124,950 results in an estimated price of approximately £189,214.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £124,950 | £64,264 | £189,214 |
The Postcode Pricing Model uses changes in average sales price within the ST15 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 | 10.848 % | £13,554 | £138,504 |
| 3 Month Average | 17.051 % | £21,305 | £146,255 |
| 6 Month Average | 30.550 % | £38,171 | £163,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £188,295 | £185,000 | 8 GOWER ROAD |
| 15 Aug 2023 | £562,420 | £557,500 | 103 LICHFIELD ROAD |
| 31 Jan 2023 | £154,273 | £155,000 | 6 FORRESTER ROAD |
| 24 Jan 2022 | £4,736 | £4,500 | 15 GOWER ROAD |
| 21 Dec 2021 | £184,813 | £172,500 | 24 WILLOW ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Jun 2014. Using an estimated price of £189,214 means this house is valued at £2,226 per sq meter (£206 per sq foot).
The average size of a house on GOWER ROAD is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gower Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gower Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near De-Wint Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near De-Wint Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near De-Wint Road |