£192,134
This estimated value is based upon the latest sale price for the house of £125,000 on 2 Jun 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 2 Jun 2014 |
| £118,000 | 10 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,035 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 2014 the House Price Index for STAFFORDSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £125,000 results in an estimated price of approximately £192,134.
| 2 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £125,000 | £67,134 | £192,134 |
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 | 40.608 % | £50,759 | £175,759 |
| 3 Month Average | 35.481 % | £44,351 | £169,351 |
| 6 Month Average | 29.461 % | £36,826 | £161,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £172,906 | £175,000 | 8 WATERS EDGE CLOSE |
| 22 Jul 2022 | £150,405 | £150,000 | 13 WATERS EDGE CLOSE |
| 6 Jun 2022 | £124,256 | £122,500 | 16 WATERS EDGE CLOSE |
| 25 Apr 2022 | £154,470 | £150,000 | 12 WATERS EDGE CLOSE |
| 21 Jan 2022 | £247,316 | £235,000 | 332 SILVERDALE ROAD |
This house has a floor area of 96 sq meters or 1,035 sq feet when measured on 6 Nov 2010. Using an estimated price of £192,134 means this house is valued at £1,997 per sq meter (£185 per sq foot).
The average size of a house on WATERS EDGE CLOSE is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Waters Edge Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waters Edge Close |
| Mar 2024 | Burglary | Under investigation | On or near Ironbridge Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ironbridge Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ironbridge Drive |