£114,440
This estimated value is based upon the latest sale price for the house of £72,500 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£72,500 | 29 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 425 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 February 2008 the House Price Index for STAFFORDSHIRE was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £72,500 results in an estimated price of approximately £114,440.
29 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £72,500 | £41,940 | £114,440 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | 20.727 % | £15,027 | £87,527 |
3 Month Average | 16.387 % | £11,880 | £84,380 |
6 Month Average | 26.011 % | £18,857 | £91,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £146,000 | £146,000 | FLAT 3 OLDBURY COURT |
21 Sep 2023 | £255,635 | £250,000 | 9 SALTERS LANE |
30 Aug 2023 | £193,490 | £190,000 | 4 CHERRY STREET |
16 Mar 2023 | £174,921 | £172,000 | FLAT 12 OLDBURY COURT CROSS STREET |
5 Apr 2022 | £225,639 | £217,500 | 22 CHERRY STREET |
This house has a floor area of 39 sq meters or 425 sq feet when measured on 8 Jul 2009. Using an estimated price of £114,441 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on CROSS STREET is 73 sq meters (789 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cross Street |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Hospital Street |