£297,868
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 Sep 2021 |
| £52,000 | 18 Sep 1997 |
| Terraced |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 September 2021 the House Price Index for STAFFORDSHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £280,000 results in an estimated price of approximately £297,868.
| 24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £280,000 | £17,868 | £297,868 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | -36.833 % | £-103,133 | £176,866 |
| 3 Month Average | 3.156 % | £8,836 | £288,836 |
| 6 Month Average | -7.576 % | £-21,213 | £258,786 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 31 Jul 2021.
The average size of a house on MERCIA CLOSE is 117 sq meters (1,259 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Mercia Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mercia Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Kepler |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kepler |
| Mar 2024 | Burglary | Under investigation | On or near Fir Tree Close |