£345,548
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Feb 2012. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£200,000 | 8 Feb 2012 |
Detached |
Freehold |
Floor Area: 184 sq meters or 1,980 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 February 2012 the House Price Index for STAFFORDSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £200,000 results in an estimated price of approximately £345,548.
8 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £200,000 | £145,548 | £345,548 |
The Postcode Pricing Model uses changes in average sales price within the ST15 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 | 136.765 % | £273,529 | £473,529 |
3 Month Average | 83.557 % | £167,114 | £367,114 |
6 Month Average | 53.472 % | £106,944 | £306,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £115,000 | £115,000 | 4 JERVIS ROAD |
27 Oct 2023 | £245,578 | £240,000 | 1 PARKWAY |
15 Aug 2023 | £567,740 | £557,500 | 103 LICHFIELD ROAD |
25 Jul 2022 | £237,379 | £235,000 | 13 RIDGE CROFT |
25 Oct 2021 | £142,678 | £128,000 | 3 JERVIS ROAD |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 7 Sep 2020. Using an estimated price of £345,548 means this house is valued at £1,877 per sq meter (£174 per sq foot).
The average size of a house on LICHFIELD ROAD is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Flax Croft |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Park House Drive |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridge Croft |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Jervis Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jervis Road |