£140,405
This estimated value is based upon the latest sale price for the house of £25,000 on 3 Jul 1996. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £25,000 | 3 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 July 1996 the House Price Index for STAFFORDSHIRE was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £25,000 results in an estimated price of approximately £140,405.
| 3 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £25,000 | £115,405 | £140,405 |
The Postcode Pricing Model uses changes in average sales price within the ST17 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 | 311.100 % | £77,775 | £102,775 |
| 3 Month Average | 355.495 % | £88,873 | £113,873 |
| 6 Month Average | 308.818 % | £77,204 | £102,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £102,254 | £100,000 | 26 SOMERVILLE SQUARE |
| 25 Jan 2023 | £176,973 | £176,500 | 9 PENKVALE ROAD |
| 30 Sep 2022 | £174,883 | £175,000 | 26 BLYTHE ROAD |
| 28 Oct 2021 | £197,854 | £177,500 | 27 BLYTHE ROAD |
| 16 Jun 2021 | £183,747 | £170,000 | 42 PENKVALE ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 17 Jun 2013. Using an estimated price of £140,405 means this house is valued at £3,510 per sq meter (£326 per sq foot).
The average size of a house on SOMERVILLE SQUARE is 43 sq meters (472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trent Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trent Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Trent Close |
| Jul 2024 | Other theft | Under investigation | On or near Glebelands |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blythe Road |