£315,719
This estimated value is based upon the latest sale price for the house of £145,000 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £145,000 | 19 Dec 2003 |
| £88,500 | 31 Mar 2000 |
| Detached |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 December 2003 the House Price Index for STOKE-ON-TRENT was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £145,000 results in an estimated price of approximately £315,719.
| 19 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £145,000 | £170,719 | £315,719 |
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 | 160.438 % | £232,635 | £377,635 |
| 3 Month Average | 128.182 % | £185,863 | £330,863 |
| 6 Month Average | 131.915 % | £191,276 | £336,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £253,757 | £250,000 | 2 FERNDOWN CLOSE |
| 13 Nov 2023 | £347,139 | £342,000 | 456 LIGHTWOOD COURT LIGHTWOOD ROAD |
| 28 Jul 2023 | £243,274 | £240,000 | 3 ROMA CLOSE |
| 27 Jan 2023 | £176,170 | £177,000 | 9 FERNDOWN CLOSE |
| 7 Oct 2022 | £237,443 | £240,000 | 14 HIGHLAND DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 May 2015. Using an estimated price of £315,719 means this house is valued at £3,157 per sq meter (£293 per sq foot).
The average size of a house on WELSH CLOSE is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charolais Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingrove Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingrove Avenue |