£342,009
This estimated value is based upon the latest sale price for the house of £295,000 on 24 Nov 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 24 Nov 2020 |
| £242,000 | 19 Jun 2015 |
| £72,500 | 19 Jan 2001 |
| Detached |
| Freehold |
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 2020 the House Price Index for STAFFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £295,000 results in an estimated price of approximately £342,009.
| 24 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £295,000 | £47,009 | £342,009 |
The Postcode Pricing Model uses changes in average sales price within the ST8 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 | 8.599 % | £25,365 | £320,365 |
| 3 Month Average | -7.331 % | £-21,627 | £273,372 |
| 6 Month Average | 0.060 % | £177 | £295,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £333,332 | £327,500 | 15 COTTAGE LANE |
| 6 Jul 2023 | £162,183 | £160,000 | 302 NEW STREET |
| 9 Nov 2022 | £244,044 | £247,000 | 29 CHAPEL LANE |
| 23 Feb 2022 | £169,889 | £162,000 | 308 NEW STREET |
| 15 Dec 2021 | £198,205 | £185,000 | 208 NEW STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near New Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gun Battery Lane |
| Feb 2024 | Burglary | Under investigation | On or near Gun Battery Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alders Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Linnet Way |