£67,118
This estimated value is based upon the latest sale price for the house of £45,000 on 18 Dec 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 18 Dec 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 December 2014 the House Price Index for STAFFORDSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £45,000 results in an estimated price of approximately £67,118.
| 18 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £45,000 | £22,118 | £67,118 |
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 | 9.529 % | £4,287 | £49,287 |
| 3 Month Average | 20.693 % | £9,311 | £54,311 |
| 6 Month Average | 18.263 % | £8,218 | £53,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £127,500 | £127,500 | 48 DIMSDALE PARADE EAST |
| 8 Dec 2023 | £167,938 | £165,000 | 45 KINGS AVENUE |
| 10 Nov 2023 | £507,514 | £500,000 | 15 SOUTHLANDS AVENUE |
| 28 Sep 2023 | £414,804 | £409,500 | 17 SOUTHLANDS AVENUE |
| 10 Jul 2023 | £105,419 | £104,000 | 25 DIMSDALE PARADE EAST |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 17 Aug 2020. Using an estimated price of £67,118 means this house is valued at £1,814 per sq meter (£168 per sq foot).
The average size of a house on SOUTH TERRACE is 84 sq meters (905 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Chelmsford Road | |
| Feb 2024 | Anti-social behaviour | On or near Chelmsford Road | |
| Feb 2024 | Anti-social behaviour | On or near Chelmsford Road | |
| Apr 2024 | Other theft | Under investigation | On or near Albert Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Terrace |