£248,351
This estimated value is based upon the latest sale price for the house of £197,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,000 | 24 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 November 2017 the House Price Index for STAFFORDSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £197,000 results in an estimated price of approximately £248,351.
| 24 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £197,000 | £51,351 | £248,351 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 66.727 % | £131,451 | £328,451 |
| 3 Month Average | 49.078 % | £96,683 | £293,683 |
| 6 Month Average | 37.793 % | £74,451 | £271,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £196,513 | £194,000 | 3 OAKHILL ROAD |
| 7 Aug 2023 | £221,942 | £220,000 | UNIT 17 MILL PARK |
| 30 Sep 2022 | £188,428 | £189,950 | 5 MEADOWHILL DRIVE |
| 26 Aug 2022 | £219,409 | £220,000 | 6 REDWOOD DRIVE |
| 20 Jun 2022 | £355,017 | £350,000 | 4 HAWKS GREEN LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Jul 2017. Using an estimated price of £248,352 means this house is valued at £3,706 per sq meter (£344 per sq foot).
The average size of a house on MARSHWOOD CLOSE is 108 sq meters (1,164 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Hednesford Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Wessex Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wessex Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meadow Hill Drive |
| Jan 2024 | Anti-social behaviour | On or near Hawks Green Lane |