£215,226
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Mar 2012. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 854 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 March 2012 the House Price Index for STAFFORDSHIRE was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £125,000 results in an estimated price of approximately £215,226.
| 15 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £125,000 | £90,226 | £215,226 |
The Postcode Pricing Model uses changes in average sales price within the ST13 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 | 20.907 % | £26,134 | £151,134 |
| 3 Month Average | 36.851 % | £46,064 | £171,064 |
| 6 Month Average | 54.060 % | £67,575 | £192,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £152,000 | £152,000 | 15 FURMSTON PLACE |
| 20 Nov 2023 | £189,818 | £185,000 | 16 MILNER TERRACE |
| 25 Oct 2023 | £163,667 | £159,950 | 44 WESTMINSTER ROAD |
| 6 Oct 2023 | £135,068 | £132,000 | 27 WESTMINSTER ROAD |
| 23 Aug 2023 | £203,673 | £200,000 | 38 NOVI LANE |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 8 Jul 2011. Using an estimated price of £215,227 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on NOVI LANE is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westminster Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Westminster Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westminster Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Westminster Road |