£94,071
This estimated value is based upon the latest sale price for the house of £62,500 on 15 Sep 2014. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£62,500 | 15 Sep 2014 |
£26,000 | 31 May 2002 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 September 2014 the House Price Index for STOKE-ON-TRENT was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £62,500 results in an estimated price of approximately £94,071.
15 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £62,500 | £31,571 | £94,071 |
The Postcode Pricing Model uses changes in average sales price within the ST2 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 | 39.958 % | £24,974 | £87,474 |
3 Month Average | 45.877 % | £28,673 | £91,173 |
6 Month Average | 48.020 % | £30,012 | £92,512 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £45,676 | £45,000 | 31 GRAHAM STREET |
31 Jul 2023 | £64,873 | £64,000 | 59 RUXLEY ROAD |
30 Jun 2023 | £141,717 | £140,000 | 29 GRAHAM STREET |
28 Apr 2023 | £70,762 | £70,000 | 73 RUXLEY ROAD |
3 Mar 2023 | £101,961 | £101,000 | 35 GRAHAM STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Feb 2016. Using an estimated price of £94,071 means this house is valued at £1,175 per sq meter (£109 per sq foot).
The average size of a house on RUXLEY ROAD is 85 sq meters (916 sq feet).