£370,707
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 25 Nov 2016 |
| £157,000 | 6 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 November 2016 the House Price Index for STAFFORDSHIRE was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £285,000 results in an estimated price of approximately £370,707.
| 25 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £285,000 | £85,707 | £370,707 |
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 | 13.616 % | £38,806 | £323,806 |
| 3 Month Average | 20.516 % | £58,469 | £343,469 |
| 6 Month Average | 16.955 % | £48,322 | £333,322 |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 8 Oct 2016.
The average size of a house on HERM CLOSE is 201 sq meters (2,166 sq feet).
This house is the smallest in the street with a floor area of 140 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Herm Close |
| Jan 2024 | Burglary | Under investigation | On or near Winchester Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Shefford Road |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Ridgmont Road |
| Dec 2023 | Possession of weapons | Local resolution | On or near Ridgmont Road |