£133,204
This estimated value is based upon the latest sale price for the house of £94,950 on 2 Nov 2015. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£94,950 | 2 Nov 2015 |
£41,000 | 7 Jun 1995 |
£43,500 | 31 Mar 1995 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2015 the House Price Index for STOKE-ON-TRENT was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £94,950 results in an estimated price of approximately £133,204.
2 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £94,950 | £38,254 | £133,204 |
The Postcode Pricing Model uses changes in average sales price within the ST1 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 | 80.694 % | £76,619 | £171,569 |
3 Month Average | 55.800 % | £52,981 | £147,931 |
6 Month Average | 49.744 % | £47,232 | £142,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £114,999 | £114,000 | 61 ABBOTTS DRIVE |
22 Sep 2023 | £194,232 | £189,950 | 57 ABBOTTS DRIVE |
30 Jun 2023 | £123,474 | £121,000 | 50 BROCKLEHURST WAY |
6 Apr 2023 | £139,102 | £136,500 | 197 MILTON ROAD |
24 Mar 2023 | £132,208 | £130,000 | 59 ABBOTTS DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Jul 2015. Using an estimated price of £133,205 means this house is valued at £1,567 per sq meter (£145 per sq foot).
The average size of a house on MILTON ROAD is 90 sq meters (978 sq feet).