£47,564
This estimated value is based upon the latest sale price for the house of £11,000 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£11,000 | 6 Aug 1999 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 1999 the House Price Index for STAFFORDSHIRE was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £11,000 results in an estimated price of approximately £47,564.
6 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 149.7 | 332.409 % | £11,000 | £36,564 | £47,564 |
The Postcode Pricing Model uses changes in average sales price within the DE14 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 | 339.229 % | £37,315 | £48,315 |
3 Month Average | 302.933 % | £33,322 | £44,322 |
6 Month Average | 276.582 % | £30,424 | £41,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £181,793 | £179,000 | 26 GOODMAN STREET |
31 Aug 2023 | £94,708 | £93,000 | 11 GOODMAN STREET |
31 Aug 2023 | £112,020 | £110,000 | 18 LANSDOWNE TERRACE |
6 Apr 2023 | £81,525 | £80,000 | 187 THORNLEY STREET |
28 Oct 2022 | £114,617 | £115,000 | 22 GOODMAN STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 18 Feb 2020. Using an estimated price of £47,565 means this house is valued at £834 per sq meter (£77 per sq foot).
The average size of a house on THORNLEY STREET is 87 sq meters (940 sq feet).