£261,427
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£245,000 | 22 Dec 2021 |
£145,000 | 7 Dec 2018 |
Detached |
Freehold |
Floor Area: 91 sq meters or 979 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOKE-ON-TRENT to estimate the market value.
When this house was purchased in December 2021 the House Price Index for STOKE-ON-TRENT was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £245,000 results in an estimated price of approximately £261,427.
22 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.0 | 6.705 % | £245,000 | £16,427 | £261,427 |
The Postcode Pricing Model uses changes in average sales price within the ST3 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 | 22.143 % | £54,249 | £299,249 |
3 Month Average | 12.640 % | £30,968 | £275,968 |
6 Month Average | 9.040 % | £22,147 | £267,147 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £110,373 | £110,000 | 13 SILSDEN GROVE |
23 Jun 2023 | £100,817 | £100,000 | 33 LASKI CRESCENT |
4 Apr 2023 | £128,455 | £127,500 | 12 BRIARWOOD PLACE |
3 Nov 2022 | £109,229 | £111,000 | 10 PENNINGTON CLOSE |
12 Aug 2022 | £85,423 | £86,000 | 7 SILSDEN GROVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Apr 2014. Using an estimated price of £261,428 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on THE WOOD is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near The Wood |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pennington Close |