£239,694
This estimated value is based upon the latest sale price for the house of £220,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
There has been one burglary within the last year on or near Fairlight Grove
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| Price Paid | Date |
|---|---|
| £220,000 | 19 Nov 2021 |
| £147,500 | 2 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOKE-ON-TRENT to estimate the market value.
When this house was purchased in November 2021 the House Price Index for STOKE-ON-TRENT was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £220,000 results in an estimated price of approximately £239,694.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £220,000 | £19,694 | £239,694 |
The Postcode Pricing Model uses changes in average sales price within the ST3 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 | 31.196 % | £68,632 | £288,632 |
| 3 Month Average | 15.921 % | £35,026 | £255,026 |
| 6 Month Average | 17.207 % | £37,856 | £257,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £133,386 | £130,000 | 2 POLPERRO WAY |
| 29 Sep 2023 | £303,695 | £297,000 | 9 FAIRLIGHT GROVE |
| 21 Sep 2023 | £150,825 | £147,500 | 24 COMFREY CLOSE |
| 3 Aug 2023 | £183,306 | £180,000 | 6 COMFREY CLOSE |
| 15 Jun 2023 | £163,272 | £160,000 | 12 RUSHCLIFFE DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 Aug 2021. Using an estimated price of £239,694 means this house is valued at £2,693 per sq meter (£250 per sq foot).
The average size of a house on FINCHDEAN CLOSE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Fairlight Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fairlight Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ashurst Grove |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Ashurst Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushcliffe Drive |