£245,435
This estimated value is based upon the latest sale price for the house of £197,500 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£197,500 | 20 Dec 2018 |
Semi-Detached |
Freehold |
Floor Area: 167 sq meters or 1,797 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 December 2018 the House Price Index for STAFFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £197,500 results in an estimated price of approximately £245,435.
20 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £197,500 | £47,935 | £245,435 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 10.419 % | £20,577 | £218,077 |
3 Month Average | 13.374 % | £26,414 | £223,914 |
6 Month Average | 13.629 % | £26,917 | £224,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £166,445 | £165,000 | 123 PROSPECT ROAD |
15 Dec 2023 | £188,286 | £182,500 | 51 DOUGLAS ROAD WEST |
3 Nov 2023 | £189,818 | £185,000 | 12 SHERIDAN STREET |
17 Mar 2023 | £203,397 | £200,000 | 10 SMALLMAN STREET |
3 Mar 2023 | £124,072 | £122,000 | 69 PROSPECT ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 18 Sep 2018. Using an estimated price of £245,435 means this house is valued at £1,469 per sq meter (£136 per sq foot).
The average size of a house on READ AVENUE is 98 sq meters (1,055 sq feet).
This house is the largest in the street with a floor area of 167 sq meters (1,797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Local resolution | On or near Read Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Read Avenue |
Jun 2024 | Anti-social behaviour | On or near Read Avenue | |
Jun 2024 | Anti-social behaviour | On or near Read Avenue | |
Jun 2024 | Anti-social behaviour | On or near Read Avenue |