£132,103
This estimated value is based upon the latest sale price for the house of £108,000 on 28 May 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Cherry Tree Road
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| Price Paid | Date |
|---|---|
| £108,000 | 28 May 2020 |
| £117,500 | 29 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2020 the House Price Index for STAFFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £108,000 results in an estimated price of approximately £132,103.
| 28 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £108,000 | £24,103 | £132,103 |
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 | 23.562 % | £25,447 | £133,447 |
| 3 Month Average | 6.731 % | £7,269 | £115,269 |
| 6 Month Average | -1.299 % | £-1,402 | £106,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £131,684 | £130,000 | 8 APPLECROFT |
| 29 Jun 2023 | £91,104 | £90,000 | 7 MAPLE AVENUE |
| 10 Feb 2023 | £129,913 | £130,000 | 39 CEDAR ROAD |
| 7 Nov 2022 | £123,504 | £125,000 | 10 WHITEBEAM CLOSE |
| 12 Aug 2022 | £104,219 | £104,500 | 6 WHITEBEAM CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Jul 2017. Using an estimated price of £132,104 means this house is valued at £2,130 per sq meter (£197 per sq foot).
The average size of a house on CEDAR ROAD is 82 sq meters (887 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Tree Road |
| Feb 2024 | Anti-social behaviour | On or near Cherry Tree Road | |
| Feb 2024 | Anti-social behaviour | On or near Cherry Tree Road | |
| Feb 2024 | Anti-social behaviour | On or near Cherry Tree Road | |
| Mar 2024 | Anti-social behaviour | On or near Applecroft |