£244,015
This estimated value is based upon the latest sale price for the house of £193,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
There has been one burglary within the last year on or near Gravelly Bank
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Price Paid | Date |
---|---|
£193,000 | 12 Jan 2018 |
£105,000 | 28 Mar 2003 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOKE-ON-TRENT to estimate the market value.
When this house was purchased in January 2018 the House Price Index for STOKE-ON-TRENT was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £193,000 results in an estimated price of approximately £244,015.
12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £193,000 | £51,015 | £244,015 |
The Postcode Pricing Model uses changes in average sales price within the ST3 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 | 30.142 % | £58,173 | £251,173 |
3 Month Average | 18.443 % | £35,594 | £228,594 |
6 Month Average | 30.351 % | £58,577 | £251,577 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £273,401 | £265,000 | 73 GRAVELLY BANK |
14 Nov 2023 | £328,334 | £320,000 | 693 LIGHTWOOD ROAD |
27 Oct 2023 | £290,600 | £284,000 | 53 GRAVELLY BANK |
28 Apr 2023 | £163,050 | £160,000 | 1 KINGSMEAD ROAD |
18 Apr 2023 | £132,478 | £130,000 | 17 RIDGE WALK |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Aug 2017. Using an estimated price of £244,016 means this house is valued at £2,623 per sq meter (£243 per sq foot).
The average size of a house on GRAVELLY BANK is 143 sq meters (1,548 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Gravelly Bank |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Gravelly Bank |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Grangewood Avenue |
May 2024 | Anti-social behaviour | On or near Grangewood Avenue | |
May 2024 | Anti-social behaviour | On or near Grangewood Avenue |