£77,444
This estimated value is based upon the latest sale price for the house of £60,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
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Price Paid | Date |
---|---|
£60,000 | 30 Jun 2017 |
£75,000 | 14 Feb 2008 |
£160,000 | 25 Sep 2007 |
£64,995 | 1 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 June 2017 the House Price Index for STOKE-ON-TRENT was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £60,000 results in an estimated price of approximately £77,444.
30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £60,000 | £17,444 | £77,444 |
The Postcode Pricing Model uses changes in average sales price within the ST1 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 | 79.186 % | £47,511 | £107,511 |
3 Month Average | 30.448 % | £18,268 | £78,268 |
6 Month Average | 21.282 % | £12,769 | £72,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £54,380 | £53,000 | 1 LOCK KEEPERS WAY |
29 Nov 2023 | £67,719 | £66,000 | 24 LOCK KEEPERS WAY |
16 Aug 2023 | £40,734 | £39,999 | 68 CRESSWELL ROAD |
14 Aug 2023 | £51,937 | £51,000 | 32 CRESSWELL ROAD |
16 Jun 2023 | £82,656 | £81,000 | 27 LOCK KEEPERS WAY |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 16 Jun 2015. Using an estimated price of £77,444 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on CRESSWELL ROAD is 50 sq meters (548 sq feet).