£225,460
This estimated value is based upon the latest sale price for the house of £195,000 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 22 Dec 2020 |
| £163,000 | 23 Mar 2012 |
| £144,000 | 30 Jun 2005 |
| £59,000 | 2 May 1997 |
| £59,250 | 7 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2020 the House Price Index for STAFFORDSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £195,000 results in an estimated price of approximately £225,460.
| 22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £195,000 | £30,460 | £225,460 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 28.837 % | £56,232 | £251,232 |
| 3 Month Average | 17.421 % | £33,970 | £228,970 |
| 6 Month Average | 16.490 % | £32,155 | £227,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £328,334 | £320,000 | 4 CANBERRA DRIVE |
| 10 Nov 2023 | £307,814 | £300,000 | 9 CAIRNS DRIVE |
| 30 Jan 2023 | £205,549 | £205,000 | 22 MELBOURNE CRESCENT |
| 18 Jan 2023 | £245,656 | £245,000 | 56 SALISBURY ROAD |
| 25 Oct 2022 | £236,211 | £237,000 | 38 MELBOURNE CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Jan 2012. Using an estimated price of £225,461 means this house is valued at £3,416 per sq meter (£317 per sq foot).
The average size of a house on MELBOURNE CRESCENT is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cairns Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A513 |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tasman Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladstone Way |