£121,436
This estimated value is based upon the latest sale price for the house of £96,000 on 9 Aug 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £96,000 | 9 Aug 2017 |
| £87,000 | 20 Feb 2007 |
| £75,000 | 5 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2017 the House Price Index for STAFFORDSHIRE was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £96,000 results in an estimated price of approximately £121,436.
| 9 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £96,000 | £25,436 | £121,436 |
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 | 10.884 % | £10,448 | £106,448 |
| 3 Month Average | 13.868 % | £13,313 | £109,313 |
| 6 Month Average | 12.464 % | £11,965 | £107,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £130,000 | £130,000 | 21 RYDAL WAY |
| 14 Jul 2023 | £136,289 | £135,000 | 24 SEVERN DRIVE |
| 20 Apr 2023 | £145,078 | £144,000 | 41 SEABRIDGE LANE |
| 18 Apr 2023 | £105,786 | £105,000 | 22 HUMBER WAY |
| 4 Apr 2023 | £130,973 | £130,000 | 12 HUMBER WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Jan 2013. Using an estimated price of £121,436 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on SEVERN DRIVE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Medway Place | |
| Feb 2024 | Anti-social behaviour | On or near Medway Place | |
| Feb 2024 | Anti-social behaviour | On or near Medway Place | |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Medway Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Place |