£136,610
This estimated value is based upon the latest sale price for the house of £74,000 on 16 Jun 2005. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There have been two burglaries within the last year on or near Edison Road
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| Price Paid | Date |
|---|---|
| £74,000 | 16 Jun 2005 |
| £51,500 | 28 Feb 2003 |
| £34,000 | 23 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 543 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 June 2005 the House Price Index for STAFFORDSHIRE was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £74,000 results in an estimated price of approximately £136,610.
| 16 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £74,000 | £62,610 | £136,610 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 20.821 % | £15,407 | £89,407 |
| 3 Month Average | 32.699 % | £24,197 | £98,197 |
| 6 Month Average | 46.870 % | £34,683 | £108,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £167,137 | £165,000 | 26 EDISON ROAD |
| 4 Aug 2023 | £138,714 | £137,500 | 1A EDISON ROAD |
| 22 Apr 2022 | £172,697 | £167,700 | 22 BELL CLOSE |
| 25 Feb 2022 | £183,522 | £175,000 | 17 BELL CLOSE |
| 10 Dec 2021 | £224,989 | £210,000 | 133 OXFORD GARDENS |
This house has a floor area of 50 sq meters or 543 sq feet when measured on 4 Jul 2011. Using an estimated price of £136,610 means this house is valued at £2,707 per sq meter (£251 per sq foot).
The average size of a house on EDISON ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edison Road |
| Feb 2024 | Burglary | Under investigation | On or near Edison Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edison Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Edison Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Edison Road |