£244,152
This estimated value is based upon the latest sale price for the house of £196,500 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £196,500 | 31 Jul 2019 |
| £168,000 | 13 Jul 2007 |
| £70,000 | 12 Aug 1999 |
| £65,000 | 19 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2019 the House Price Index for STAFFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £196,500 results in an estimated price of approximately £244,152.
| 31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £196,500 | £47,652 | £244,152 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 56.369 % | £110,765 | £307,265 |
| 3 Month Average | 23.531 % | £46,237 | £242,737 |
| 6 Month Average | 21.773 % | £42,784 | £239,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £232,188 | £228,000 | 8 FAIROAK AVENUE |
| 31 Mar 2022 | £302,741 | £290,000 | 10 COPPICE WAY |
| 30 Sep 2021 | £260,537 | £240,000 | 23 DARNFORD CLOSE |
| 22 Feb 2021 | £204,708 | £179,000 | 3 DARNFORD CLOSE |
| 9 Dec 2020 | £226,617 | £196,000 | 1 ELFORD CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 May 2019. Using an estimated price of £244,152 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on FAIROAK AVENUE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Avenue |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Coppice Way |