£412,445
This estimated value is based upon the latest sale price for the house of £239,950 on 12 Jan 2012. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £239,950 | 12 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 784 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 January 2012 the House Price Index for STAFFORDSHIRE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £239,950 results in an estimated price of approximately £412,445.
| 12 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £239,950 | £172,495 | £412,445 |
The Postcode Pricing Model uses changes in average sales price within the WS13 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 | 54.545 % | £130,880 | £370,830 |
| 3 Month Average | 46.830 % | £112,368 | £352,318 |
| 6 Month Average | 60.339 % | £144,783 | £384,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £428,479 | £423,000 | 5 PARKSIDE COURT GREENHOUGH ROAD |
| 24 Aug 2023 | £428,751 | £425,000 | 5 ERASMUS WAY |
| 14 Jul 2023 | £140,389 | £138,500 | 4 PRINCE RUPERT MEWS |
| 2 Jun 2023 | £427,174 | £422,000 | 5 LILLINGTON CLOSE |
| 3 Apr 2023 | £143,546 | £142,000 | 16 PRINCE RUPERT MEWS |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 3 Jun 2011. Using an estimated price of £412,445 means this house is valued at £5,661 per sq meter (£525 per sq foot).
The average size of a house on SECKHAM ROAD is 115 sq meters (1,243 sq feet).