£89,265
This estimated value is based upon the latest sale price for the house of £87,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £87,000 | 3 Nov 2023 |
| £20,000 | 26 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2023 the House Price Index for STOKE-ON-TRENT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £87,000 results in an estimated price of approximately £89,265.
| 3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £87,000 | £2,265 | £89,265 |
The Postcode Pricing Model uses changes in average sales price within the ST4 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 | 32.478 % | £28,255 | £115,255 |
| 3 Month Average | 5.392 % | £4,690 | £91,690 |
| 6 Month Average | 6.173 % | £5,370 | £92,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £95,000 | £95,000 | 14 MAY PLACE |
| 25 Mar 2024 | £79,217 | £78,000 | 33 MAY PLACE |
| 21 Mar 2024 | £60,428 | £59,500 | 43 PACKETT STREET |
| 18 Mar 2024 | £78,201 | £77,000 | 15 PACKETT STREET |
| 18 Dec 2023 | £89,758 | £87,000 | 33 GOLDENHILL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Sep 2015. Using an estimated price of £89,266 means this house is valued at £1,239 per sq meter (£115 per sq foot).
The average size of a house on PACKETT STREET is 82 sq meters (885 sq feet).