£261,081
This estimated value is based upon the latest sale price for the house of £164,500 on 20 Mar 2008. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £164,500 | 20 Mar 2008 |
| £72,950 | 2 Jul 1999 |
| Semi-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 March 2008 the House Price Index for STAFFORDSHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £164,500 results in an estimated price of approximately £261,081.
| 20 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £164,500 | £96,581 | £261,081 |
The Postcode Pricing Model uses changes in average sales price within the ST16 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 | 75.030 % | £123,425 | £287,925 |
| 3 Month Average | 47.522 % | £78,174 | £242,674 |
| 6 Month Average | 47.409 % | £77,987 | £242,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £204,648 | £200,000 | 6 LOTUS WAY |
| 20 Oct 2023 | £214,880 | £210,000 | 33 GIBSON CLOSE |
| 6 Oct 2023 | £189,299 | £185,000 | 189 OXFORD GARDENS |
| 2 Oct 2023 | £163,718 | £160,000 | 26 LOTUS WAY |
| 7 Aug 2023 | £188,398 | £185,000 | 16 LOTUS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lotus Way |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Lotus Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lotus Way |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Gibson Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Gibson Close |