£250,693
This estimated value is based upon the latest sale price for the house of £245,000 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 11 Oct 2023 |
| £149,950 | 27 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 October 2023 the House Price Index for STAFFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £245,000 results in an estimated price of approximately £250,693.
| 11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £245,000 | £5,693 | £250,693 |
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 | 43.123 % | £105,652 | £350,652 |
| 3 Month Average | 19.787 % | £48,477 | £293,477 |
| 6 Month Average | 2.001 % | £4,902 | £249,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £170,231 | £165,000 | 45 KINGS AVENUE |
| 1 Dec 2023 | £48,490 | £47,000 | APARTMENT 3 SOUTH VIEW, 7 SOUTH TERRACE |
| 18 Oct 2023 | £163,718 | £160,000 | 50 ST GEORGES AVENUE |
| 11 Oct 2023 | £250,694 | £245,000 | 41 KINGS AVENUE |
| 14 Sep 2022 | £225,349 | £225,500 | 26 KINGS AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 18 Mar 2016. Using an estimated price of £250,694 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on KINGS AVENUE is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near King'S Avenue | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmsford Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chelmsford Road |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near St George'S Avenue South |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dimsdale Parade East |