£197,782
This estimated value is based upon the latest sale price for the house of £160,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 May 2019 |
| £147,500 | 3 Feb 2017 |
| £120,000 | 23 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2019 the House Price Index for STAFFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £160,000 results in an estimated price of approximately £197,782.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £160,000 | £37,782 | £197,782 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | 29.418 % | £47,068 | £207,068 |
| 3 Month Average | 8.142 % | £13,027 | £173,027 |
| 6 Month Average | 20.946 % | £33,512 | £193,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £221,276 | £218,000 | 2 SUMMERFIELD ROAD |
| 27 Jan 2023 | £184,133 | £185,000 | 20 SUMMERFIELD ROAD |
| 25 Jul 2022 | £180,486 | £180,000 | 92 NEWGATE STREET |
| 4 Feb 2022 | £162,810 | £155,250 | 19 SUMMERFIELD ROAD |
| 4 Feb 2022 | £160,975 | £153,500 | 11 SUMMERFIELD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Jun 2016. Using an estimated price of £197,782 means this house is valued at £2,104 per sq meter (£195 per sq foot).
The average size of a house on SUMMERFIELD ROAD is 74 sq meters (800 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Summerfield Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Summerfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brantwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadway Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadway Street |