£280,848
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Jul 2003. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2003 the House Price Index for STAFFORDSHIRE was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £120,000 results in an estimated price of approximately £280,848.
| 9 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £120,000 | £160,848 | £280,848 |
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 | 97.779 % | £117,334 | £237,334 |
| 3 Month Average | 115.750 % | £138,899 | £258,899 |
| 6 Month Average | 97.965 % | £117,557 | £237,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £167,500 | £167,500 | 5 LANDOR WAY |
| 15 Dec 2023 | £226,974 | £220,000 | 133 TENNYSON ROAD |
| 12 Dec 2023 | £99,043 | £96,000 | 6 MILTON GROVE |
| 30 Nov 2023 | £184,688 | £180,000 | 25 WORDSWORTH AVENUE |
| 21 Aug 2023 | £185,343 | £182,000 | 7 LANDOR WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 May 2016. Using an estimated price of £280,848 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on MILTON GROVE is 74 sq meters (799 sq feet).