£685,333
This estimated value is based upon the latest sale price for the house of £550,000 on 28 Aug 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 28 Aug 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 August 2018 the House Price Index for STAFFORDSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £550,000 results in an estimated price of approximately £685,333.
| 28 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £550,000 | £135,333 | £685,333 |
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 | 46.119 % | £253,653 | £803,653 |
| 3 Month Average | 28.102 % | £154,559 | £704,559 |
| 6 Month Average | 17.099 % | £94,044 | £644,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £275,392 | £273,000 | 18 WATER STREET |
| 1 Mar 2024 | £594,128 | £585,000 | 4 GRANVILLE AVENUE |
| 27 Sep 2023 | £652,381 | £638,000 | 7 GOWER STREET |
| 7 Jun 2023 | £275,521 | £270,000 | 53 MILLER CLOSE |
| 1 Mar 2023 | £111,868 | £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 £685,333 means this house is valued at £2,656 per sq meter (£246 per sq foot).
The average size of a house on GOWER STREET is 283 sq meters (3,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Miller Street |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Miller Street |