£646,263
This estimated value is based upon the latest sale price for the house of £638,000 on 27 Sep 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £638,000 | 27 Sep 2023 |
| £550,000 | 19 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 September 2023 the House Price Index for STAFFORDSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £638,000 results in an estimated price of approximately £646,263.
| 27 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £638,000 | £8,263 | £646,263 |
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 | -0.552 % | £-3,524 | £634,475 |
| 3 Month Average | 0.096 % | £609 | £638,609 |
| 6 Month Average | -7.795 % | £-49,730 | £588,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £585,000 | £585,000 | 4 GRANVILLE AVENUE |
| 27 Sep 2023 | £646,263 | £638,000 | 7 GOWER STREET |
| 11 Jul 2023 | £385,184 | £380,000 | 2A GRANVILLE AVENUE |
| 7 Jun 2023 | £273,311 | £270,000 | 53 MILLER CLOSE |
| 1 Mar 2023 | £111,046 | £110,000 | 2B SIDMOUTH AVENUE |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 25 May 2018. Using an estimated price of £646,263 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on GOWER STREET is 283 sq meters (3,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gower Street |
| Mar 2024 | Drugs | Local resolution | On or near Granville Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Miller Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Water Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Water Street |