£123,959
This estimated value is based upon the latest sale price for the house of £71,000 on 7 Jun 2011. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £71,000 | 7 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 909 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 June 2011 the House Price Index for STAFFORDSHIRE was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £71,000 results in an estimated price of approximately £123,959.
| 7 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £71,000 | £52,959 | £123,959 |
The Postcode Pricing Model uses changes in average sales price within the ST13 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 | 43.419 % | £30,827 | £101,827 |
| 3 Month Average | 56.434 % | £40,068 | £111,068 |
| 6 Month Average | 63.333 % | £44,966 | £115,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2024 | £160,000 | £160,000 | 21 HAIG ROAD |
| 28 Mar 2024 | £200,074 | £197,000 | 1 HALL AVENUE |
| 8 Dec 2023 | £92,802 | £89,950 | 21 NIGHTINGALE GARDENS |
| 29 Sep 2023 | £163,607 | £160,000 | 3 HAREGATE ROAD |
| 30 Aug 2023 | £173,122 | £170,000 | 54 HAIG ROAD |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 15 Oct 2010. Using an estimated price of £123,959 means this house is valued at £1,466 per sq meter (£136 per sq foot).
The average size of a house on NOVI LANE is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Provost Place |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Provost Place |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Provost Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hall Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Milner Terrace |