£351,007
This estimated value is based upon the latest sale price for the house of £282,500 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£282,500 | 24 Jul 2019 |
£249,995 | 6 Jun 2014 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 July 2019 the House Price Index for STAFFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £282,500 results in an estimated price of approximately £351,007.
24 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £282,500 | £68,507 | £351,007 |
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 | 56.369 % | £159,242 | £441,742 |
3 Month Average | 23.531 % | £66,474 | £348,974 |
6 Month Average | 21.773 % | £61,509 | £344,009 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £232,133 | £225,000 | 15 CAMPION GROVE |
31 Jan 2023 | £283,257 | £282,500 | 46 REED DRIVE |
11 Mar 2022 | £197,095 | £188,800 | 15 REED DRIVE |
11 Mar 2022 | £297,521 | £285,000 | 40 REED DRIVE |
4 Feb 2022 | £227,138 | £215,000 | 278 DOXEY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 31 Oct 2013. Using an estimated price of £351,008 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on REED DRIVE is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Purslane Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Aster Drive |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Aster Drive |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Aster Drive |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Baxter Green |