£139,317
This estimated value is based upon the latest sale price for the house of £92,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 21 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 801 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 £92,000 results in an estimated price of approximately £139,317.
| 21 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £92,000 | £47,317 | £139,317 |
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 | 20.780 % | £19,117 | £111,117 |
| 3 Month Average | 26.290 % | £24,186 | £116,186 |
| 6 Month Average | 22.525 % | £20,722 | £112,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £187,268 | £185,000 | 97 UNDERWOOD ROAD |
| 27 Apr 2023 | £227,449 | £225,000 | 23 REDHEATH CLOSE |
| 24 Mar 2023 | £80,761 | £80,000 | 25 BUXTON AVENUE |
| 3 Feb 2023 | £121,918 | £122,000 | 76 UNDERWOOD ROAD |
| 14 Oct 2022 | £113,775 | £115,000 | 40 UNDERWOOD ROAD |
This house has a floor area of 74 sq meters or 801 sq feet when measured on 7 Jan 2010. Using an estimated price of £139,317 means this house is valued at £1,872 per sq meter (£173 per sq foot).
The average size of a house on UNDERWOOD ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Underwood Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Pepper Street |