£243,627
This estimated value is based upon the latest sale price for the house of £131,000 on 6 Jun 2005. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 6 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2005 the House Price Index for STAFFORDSHIRE was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £131,000 results in an estimated price of approximately £243,627.
| 6 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £131,000 | £112,627 | £243,627 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 77.002 % | £100,872 | £231,872 |
| 3 Month Average | 69.578 % | £91,147 | £222,147 |
| 6 Month Average | 65.878 % | £86,300 | £217,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £214,880 | £210,000 | 33 GIBSON CLOSE |
| 6 Oct 2023 | £189,299 | £185,000 | 189 OXFORD GARDENS |
| 19 Jun 2023 | £204,090 | £200,000 | 2 GIBSON CLOSE |
| 5 Apr 2022 | £172,212 | £166,000 | 31 GIBSON CLOSE |
| 10 Dec 2021 | £226,655 | £210,000 | 133 OXFORD GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Jul 2020. Using an estimated price of £243,627 means this house is valued at £3,292 per sq meter (£305 per sq foot).
The average size of a house on GIBSON CLOSE is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Gibson Close |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Gibson Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lotus Way |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Lotus Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lotus Way |