£172,357
This estimated value is based upon the latest sale price for the house of £167,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 7 Mar 2022 |
| £120,000 | 7 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 March 2022 the House Price Index for STAFFORDSHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £167,000 results in an estimated price of approximately £172,357.
| 7 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £167,000 | £5,357 | £172,357 |
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 | -26.232 % | £-43,807 | £123,192 |
| 3 Month Average | -11.961 % | £-19,975 | £147,024 |
| 6 Month Average | -4.615 % | £-7,707 | £159,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £60,203 | £60,000 | 140 OXFORD ROAD |
| 15 Dec 2023 | £122,314 | £120,000 | 152 OXFORD ROAD |
| 4 Aug 2023 | £160,979 | £160,000 | 23 SOMERVILLE AVENUE |
| 23 Jun 2023 | £248,011 | £246,000 | 19 SOMERVILLE AVENUE |
| 9 Jun 2023 | £222,302 | £220,500 | 21 BASFORD COURT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Jun 2014. Using an estimated price of £172,357 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on SOMERVILLE AVENUE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Basford Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Basford Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Basford Court |
| Mar 2024 | Anti-social behaviour | On or near Oxford Road | |
| Mar 2024 | Anti-social behaviour | On or near Oxford Road |