£184,318
This estimated value is based upon the latest sale price for the house of £117,500 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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| Price Paid | Date |
|---|---|
| £117,500 | 25 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOKE-ON-TRENT to estimate the market value.
When this house was purchased in April 2014 the House Price Index for STOKE-ON-TRENT was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £117,500 results in an estimated price of approximately £184,318.
| 25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £117,500 | £66,818 | £184,318 |
The Postcode Pricing Model uses changes in average sales price within the ST4 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 | 49.993 % | £58,742 | £176,242 |
| 3 Month Average | 42.138 % | £49,511 | £167,011 |
| 6 Month Average | 44.023 % | £51,726 | £169,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £162,888 | £159,950 | 2 JOSEPH AUSTIN CLOSE |
| 20 Jan 2023 | £190,509 | £190,000 | 13 JOHN SMART CLOSE |
| 4 Jul 2022 | £142,427 | £141,000 | 12 HAROLD BURROWS AVENUE |
| 31 May 2022 | £151,959 | £148,000 | 16 HAROLD BURROWS AVENUE |
| 20 May 2022 | £128,857 | £125,500 | 12 BRICK KILN LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Oct 2012. Using an estimated price of £184,318 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on SHELTON NEW ROAD is 80 sq meters (861 sq feet).