£217,056
This estimated value is based upon the latest sale price for the house of £77,500 on 19 Jul 2002. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Beech Road
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Price Paid | Date |
---|---|
£77,500 | 19 Jul 2002 |
£34,500 | 18 Jan 1996 |
Flats/Maisonettes |
Leasehold |
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 July 2002 the House Price Index for STAFFORDSHIRE was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £77,500 results in an estimated price of approximately £217,056.
19 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £77,500 | £139,556 | £217,056 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | 40.490 % | £31,379 | £108,879 |
3 Month Average | 89.354 % | £69,249 | £146,749 |
6 Month Average | 136.162 % | £105,525 | £183,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £488,243 | £482,000 | 113 GILLWAY LANE |
18 Aug 2023 | £259,268 | £257,000 | 58 GILLWAY LANE |
30 Jun 2023 | £188,838 | £186,551 | 8 CHERRY TREE WALK |
18 Nov 2022 | £198,346 | £200,749 | 75 BEECH ROAD |
11 Nov 2022 | £172,906 | £175,000 | 43 HAWTHORNE AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Feb 2019. Using an estimated price of £217,056 means this house is valued at £3,239 per sq meter (£300 per sq foot).
The average size of a house on GILLWAY LANE is 126 sq meters (1,358 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 |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Beech Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Road |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Hawthorne Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Close |
Mar 2024 | Other theft | Under investigation | On or near Cherry Tree Walk |