£429,258
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£320,000 | 1 Jul 2016 |
Detached |
Freehold |
Floor Area: 178 sq meters or 1,915 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 July 2016 the House Price Index for STOKE-ON-TRENT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £320,000 results in an estimated price of approximately £429,258.
1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £320,000 | £109,258 | £429,258 |
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 | 44.653 % | £142,889 | £462,889 |
3 Month Average | 26.875 % | £86,001 | £406,001 |
6 Month Average | 42.091 % | £134,691 | £454,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £277,032 | £270,000 | 3 MILWARD GROVE |
9 Nov 2023 | £769,534 | £750,000 | 889 LIGHTWOOD ROAD |
4 Aug 2023 | £544,827 | £535,000 | THE GABLES CHURCH CLOSE |
18 Apr 2023 | £331,195 | £325,000 | 865 LIGHTWOOD ROAD |
16 Sep 2022 | £444,703 | £445,000 | 823 LIGHTWOOD ROAD |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 24 Feb 2016. Using an estimated price of £429,259 means this house is valued at £2,411 per sq meter (£224 per sq foot).
The average size of a house on LIGHTWOOD ROAD is 116 sq meters (1,255 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Roseacre Grove |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Roseacre Grove |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Heathfield Grove |
May 2024 | Anti-social behaviour | On or near Cherrywood Grove | |
May 2024 | Anti-social behaviour | On or near Cherrywood Grove |