£140,113
This estimated value is based upon the latest sale price for the house of £105,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £105,000 | 28 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 October 2016 the House Price Index for STAFFORDSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £105,000 results in an estimated price of approximately £140,113.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £105,000 | £35,113 | £140,113 |
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 | 57.135 % | £59,991 | £164,991 |
| 3 Month Average | 28.613 % | £30,043 | £135,043 |
| 6 Month Average | 19.315 % | £20,280 | £125,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £400,158 | £390,000 | UNIT 8B BROCK WAY |
| 6 Oct 2023 | £127,905 | £125,000 | 6 AUDLEY STREET |
| 4 Apr 2023 | £157,954 | £155,000 | 24 DOWNHAM ROAD |
| 28 Oct 2022 | £128,571 | £129,000 | 3 DOWNHAM ROAD |
| 9 Sep 2022 | £181,879 | £182,000 | 26 DOWNHAM ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 Jul 2016. Using an estimated price of £140,113 means this house is valued at £2,502 per sq meter (£232 per sq foot).
The average size of a house on MAGENTA DRIVE is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheriden Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sheriden Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Lane |
| May 2024 | Public order | Unable to prosecute suspect | On or near Cherry Hill Lane |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grove Street |