£200,724
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 5 Nov 2018 |
| £158,000 | 20 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2018 the House Price Index for STAFFORDSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £165,000 results in an estimated price of approximately £200,724.
| 5 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £165,000 | £35,724 | £200,724 |
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 | 12.297 % | £20,290 | £185,290 |
| 3 Month Average | 8.662 % | £14,292 | £179,292 |
| 6 Month Average | 14.776 % | £24,381 | £189,381 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Sep 2018.
The average size of a house on SEVERN DRIVE is 76 sq meters (823 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Severn Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Meakin Avenue |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Meakin Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Humber Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Riversmead |