£402,346
This estimated value is based upon the latest sale price for the house of £375,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 24 Jun 2021 |
| £323,500 | 6 Sep 2018 |
| £190,000 | 28 Mar 2003 |
| £27,250 | 21 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,314 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 2021 the House Price Index for STAFFORDSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £375,000 results in an estimated price of approximately £402,346.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £375,000 | £27,346 | £402,346 |
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 | -18.711 % | £-70,166 | £304,833 |
| 3 Month Average | -15.151 % | £-56,817 | £318,182 |
| 6 Month Average | -17.446 % | £-65,423 | £309,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £139,883 | £138,000 | 28 ALBERT STREET |
| 17 Apr 2023 | £217,340 | £215,000 | 16 MOUNT PLEASANT |
| 15 Nov 2022 | £144,500 | £146,250 | 2 JOHN STREET |
| 2 Sep 2022 | £411,676 | £415,000 | 16 LANCASTER ROAD |
| 8 Jul 2022 | £130,351 | £130,000 | 35 MOUNT PLEASANT |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 5 Sep 2014. Using an estimated price of £402,347 means this house is valued at £1,871 per sq meter (£173 per sq foot).
There is one other house on the street which we know the size of, this is 2 LANCASTER AVENUE it is 179.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Lancaster Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clarence Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clarence Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lockwood Street |