£290,896
This estimated value is based upon the latest sale price for the house of £269,950 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £269,950 | 29 Sep 2021 |
| £230,000 | 20 Aug 2018 |
| £154,000 | 31 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2021 the House Price Index for STAFFORDSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £269,950 results in an estimated price of approximately £290,896.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £269,950 | £20,946 | £290,896 |
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 | -37.019 % | £-99,931 | £170,018 |
| 3 Month Average | -8.658 % | £-23,372 | £246,577 |
| 6 Month Average | -26.233 % | £-70,816 | £199,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £380,635 | £375,000 | 4 THE REDLANDS |
| 24 Jul 2023 | £304,093 | £300,000 | 5 MILLWALK AVENUE |
| 30 Jun 2023 | £303,678 | £300,000 | 4 SHEPLEY CLOSE |
| 16 Mar 2023 | £302,853 | £300,000 | 5 GRANGE ROAD |
| 1 Feb 2023 | £200,865 | £201,000 | 2 FERNHURST CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Jan 2018. Using an estimated price of £290,896 means this house is valued at £4,097 per sq meter (£380 per sq foot).
The average size of a house on GRANGE ROAD is 106 sq meters (1,145 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Millwalk Avenue |
| Jan 2024 | Anti-social behaviour | On or near Millwalk Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Millwalk Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Millwalk Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Park House Drive |