£64,145
This estimated value is based upon the latest sale price for the house of £52,500 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £52,500 | 6 Dec 2019 |
| £73,750 | 16 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 December 2019 the House Price Index for STAFFORDSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £52,500 results in an estimated price of approximately £64,145.
| 6 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £52,500 | £11,645 | £64,145 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | -5.949 % | £-3,122 | £49,377 |
| 3 Month Average | 30.159 % | £15,833 | £68,333 |
| 6 Month Average | 13.337 % | £7,002 | £59,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £120,407 | £120,000 | 16 CRESSWELL AVENUE |
| 10 Aug 2023 | £127,073 | £126,300 | 7 HEATHFIELD DRIVE |
| 28 Jul 2023 | £120,136 | £119,000 | 7 CRESSWELL AVENUE |
| 11 Apr 2023 | £110,824 | £110,000 | 10 HASLINGTON CLOSE |
| 2 Sep 2022 | £213,405 | £216,000 | 4 GREENDALE DRIVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 17 Aug 2021. Using an estimated price of £64,145 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on CRESSWELL AVENUE is 53 sq meters (575 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heathfield Drive |
| Jan 2024 | Burglary | Under investigation | On or near Greendale Drive |
| Apr 2024 | Public order | Under investigation | On or near Winterside Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Winterside Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Winterside Close |