£205,036
This estimated value is based upon the latest sale price for the house of £101,750 on 18 May 2004. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Elgin Court
More crime details
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Price Paid | Date |
---|---|
£101,750 | 18 May 2004 |
Semi-Detached |
Freehold |
Floor Area: 52 sq meters or 569 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 2004 the House Price Index for STAFFORDSHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £101,750 results in an estimated price of approximately £205,036.
18 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £101,750 | £103,286 | £205,036 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 139.491 % | £141,931 | £243,681 |
3 Month Average | 77.848 % | £79,209 | £180,959 |
6 Month Average | 81.388 % | £82,811 | £184,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £187,524 | £185,000 | 49 MELROSE DRIVE |
16 Jun 2023 | £91,104 | £90,000 | 52 MELROSE DRIVE |
1 Jun 2023 | £121,471 | £120,000 | 12 JEDBURGH AVENUE |
25 Jan 2023 | £44,789 | £45,000 | 36 MELROSE DRIVE |
9 Jan 2023 | £227,926 | £229,000 | 3 MELROSE DRIVE |
This house has a floor area of 52 sq meters or 569 sq feet when measured on 11 Mar 2010. Using an estimated price of £205,036 means this house is valued at £3,874 per sq meter (£359 per sq foot).
The average size of a house on MELROSE DRIVE is 52 sq meters (567 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgin Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Elgin Court |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Elgin Court |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgin Court |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgin Court |