£232,271
This estimated value is based upon the latest sale price for the house of £159,950 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,950 | 5 Jun 2015 |
| £156,500 | 24 Jul 2009 |
| Semi-Detached |
| Freehold |
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 June 2015 the House Price Index for STAFFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £159,950 results in an estimated price of approximately £232,271.
| 5 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £159,950 | £72,321 | £232,271 |
The Postcode Pricing Model uses changes in average sales price within the WV8 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 | 11.576 % | £18,516 | £178,466 |
| 3 Month Average | 3.156 % | £5,047 | £164,997 |
| 6 Month Average | 11.909 % | £19,047 | £178,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £235,000 | £235,000 | 11 PARKES AVENUE |
| 29 Sep 2023 | £293,756 | £290,000 | 10 MADEIRA AVENUE |
| 21 Jul 2023 | £263,547 | £260,000 | 39 PARKES AVENUE |
| 20 Feb 2023 | £244,835 | £245,000 | 43 PARKES AVENUE |
| 17 Nov 2022 | £254,912 | £258,000 | 38 BIRCHES PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Madeira Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Farm Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farm Close |
| Feb 2024 | Anti-social behaviour | On or near Farm Close | |
| Feb 2024 | Anti-social behaviour | On or near Farm Close |