£178,855
This estimated value is based upon the latest sale price for the house of £112,000 on 11 May 2007. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £112,000 | 11 May 2007 |
| £100,000 | 12 May 2006 |
| £65,500 | 1 Mar 2002 |
| £45,000 | 20 Jul 1998 |
| £39,000 | 14 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 May 2007 the House Price Index for STAFFORDSHIRE was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £112,000 results in an estimated price of approximately £178,855.
| 11 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £112,000 | £66,855 | £178,855 |
The Postcode Pricing Model uses changes in average sales price within the ST15 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 | -11.417 % | £-12,787 | £99,212 |
| 3 Month Average | 9.249 % | £10,359 | £122,359 |
| 6 Month Average | 30.983 % | £34,701 | £146,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £190,839 | £187,500 | 26 SIMEON WAY |
| 14 Apr 2023 | £235,031 | £232,500 | 54 SIMEON WAY |
| 12 Apr 2023 | £333,592 | £330,000 | 9 THOMAS AVENUE |
| 29 Oct 2021 | £138,310 | £125,000 | FLAT 23 WATERSMEET COURT SIMEON WAY |
| 27 Aug 2021 | £150,608 | £135,000 | FLAT 5 WATERSMEET COURT SIMEON WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 5 Feb 2019. Using an estimated price of £178,856 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on SIMEON WAY is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thomas Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Fernie Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fernie Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fallowfield Close |