£566,096
This estimated value is based upon the latest sale price for the house of £347,500 on 22 Feb 2007. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £347,500 | 22 Feb 2007 |
| £325,000 | 10 Sep 2004 |
| £325,000 | 10 Sep 2004 |
| £393,000 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 February 2007 the House Price Index for STAFFORDSHIRE was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £347,500 results in an estimated price of approximately £566,096.
| 22 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £347,500 | £218,596 | £566,096 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | 52.764 % | £183,354 | £530,854 |
| 3 Month Average | 42.405 % | £147,357 | £494,857 |
| 6 Month Average | 53.575 % | £186,172 | £533,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £146,280 | £145,000 | 1 KESTREL COURT SELWYN ROAD |
| 11 Aug 2023 | £176,544 | £175,000 | 31 SELWYN ROAD |
| 21 Jun 2023 | £273,311 | £270,000 | 19 SELWYN ROAD |
| 15 Jun 2023 | £146,778 | £145,000 | 5 KESTREL COURT SELWYN ROAD |
| 24 Apr 2023 | £176,905 | £175,000 | 18 KINGFISHER COURT |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 27 Apr 2014. Using an estimated price of £566,097 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on REID CLOSE is 195 sq meters (2,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sister Dora Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sister Dora Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sister Dora Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Shaftsbury Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gettings Close |