£115,711
This estimated value is based upon the latest sale price for the house of £105,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Balfour
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Price Paid | Date |
---|---|
£105,000 | 29 Oct 2021 |
£91,000 | 6 Dec 2016 |
£44,000 | 7 May 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2021 the House Price Index for STAFFORDSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £105,000 results in an estimated price of approximately £115,711.
29 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.0 | 10.201 % | £105,000 | £10,711 | £115,711 |
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 | -12.949 % | £-13,596 | £91,403 |
3 Month Average | -7.243 % | £-7,605 | £97,394 |
6 Month Average | -7.035 % | £-7,386 | £97,613 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £135,458 | £135,000 | 8 BALFOUR |
8 Dec 2023 | £96,832 | £95,000 | FLAT 46 WEYMOUTH HOUSE BALFOUR |
8 Dec 2023 | £249,725 | £245,000 | 14 ORCHARD STREET |
1 Dec 2023 | £310,882 | £305,000 | 16 LICHFIELD STREET |
3 Nov 2023 | £81,040 | £80,000 | FLAT 16 WEYMOUTH HOUSE BALFOUR |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Aug 2016. Using an estimated price of £115,711 means this house is valued at £1,836 per sq meter (£170 per sq foot).
The average size of a house on BALFOUR is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balfour |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Balfour |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balfour |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balfour |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Balfour |