£253,288
This estimated value is based upon the latest sale price for the house of £255,000 on 19 Aug 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 19 Aug 2022 |
| £153,250 | 9 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,231 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 2022 the House Price Index for STAFFORDSHIRE was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £255,000 results in an estimated price of approximately £253,288.
| 19 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £255,000 | £-1,711 | £253,288 |
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 | -10.898 % | £-27,791 | £227,208 |
| 3 Month Average | -6.674 % | £-17,018 | £237,981 |
| 6 Month Average | -11.517 % | £-29,368 | £225,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £131,063 | £130,000 | 90 HILLPORT AVENUE |
| 23 Jun 2023 | £143,161 | £142,000 | 40 FIRST AVENUE |
| 2 Feb 2023 | £263,753 | £265,000 | 4 THE LIMES FIRST AVENUE |
| 21 Oct 2022 | £308,676 | £312,000 | 21 THE BEECHES |
| 19 Aug 2022 | £253,289 | £255,000 | 2 MELVYN CRESCENT |
This house has a floor area of 114 sq meters or 1,231 sq feet when measured on 26 Mar 2012. Using an estimated price of £253,289 means this house is valued at £2,214 per sq meter (£205 per sq foot).
The average size of a house on MELVYN CRESCENT is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Limes |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Limes |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Limes |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near The Limes |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Claremont Close |