£185,031
This estimated value is based upon the latest sale price for the house of £161,000 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £161,000 | 14 Jul 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2021 the House Price Index for STAFFORDSHIRE was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £161,000 results in an estimated price of approximately £185,031.
| 14 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £161,000 | £24,031 | £185,031 |
The Postcode Pricing Model uses changes in average sales price within the DE15 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 | 2.105 % | £3,388 | £164,388 |
| 3 Month Average | -20.301 % | £-32,684 | £128,315 |
| 6 Month Average | -6.467 % | £-10,411 | £150,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £157,329 | £155,000 | 8 BEST AVENUE |
| 11 Aug 2023 | £161,412 | £160,000 | 3 FRANKLIN CLOSE |
| 6 Jun 2023 | £364,414 | £360,000 | 8 MORLEY CLOSE |
| 31 Mar 2023 | £211,997 | £210,000 | 14 BEST AVENUE |
| 6 Sep 2022 | £290,157 | £292,500 | 9 WINCHCOMBE DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Jul 2020. Using an estimated price of £185,032 means this house is valued at £2,937 per sq meter (£272 per sq foot).
The average size of a house on BEST AVENUE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Best Avenue |
| Apr 2024 | Shoplifting | Under investigation | On or near Best Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Best Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Wedgewood Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wedgewood Close |