£232,343
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Greendale Drive
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 19 Jun 2015 |
| £168,000 | 24 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2015 the House Price Index for STAFFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £160,000 results in an estimated price of approximately £232,343.
| 19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £160,000 | £72,343 | £232,343 |
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 | 5.568 % | £8,909 | £168,909 |
| 3 Month Average | 18.805 % | £30,088 | £190,088 |
| 6 Month Average | 17.539 % | £28,061 | £188,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £120,000 | £120,000 | 16 CRESSWELL AVENUE |
| 26 Sep 2023 | £73,439 | £72,500 | 42 CRESSWELL AVENUE |
| 1 Sep 2023 | £293,756 | £290,000 | 27 FAIROAK ROAD |
| 28 Jul 2023 | £120,623 | £119,000 | 7 CRESSWELL AVENUE |
| 14 Jul 2023 | £288,888 | £285,000 | 2 BLACKBROOK AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Apr 2014. Using an estimated price of £232,344 means this house is valued at £2,191 per sq meter (£203 per sq foot).
The average size of a house on FAIROAK ROAD is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Greendale Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Cherry Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pear Tree Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Pear Tree Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pear Tree Lane |