£245,447
This estimated value is based upon the latest sale price for the house of £142,000 on 4 Aug 2011. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 4 Aug 2011 |
| Detached |
| Leasehold |
| Floor Area: 74 sq meters or 800 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 August 2011 the House Price Index for STAFFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £142,000 results in an estimated price of approximately £245,447.
| 4 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £142,000 | £103,447 | £245,447 |
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 | 0.875 % | £1,242 | £143,242 |
| 3 Month Average | 40.016 % | £56,822 | £198,822 |
| 6 Month Average | 73.310 % | £104,099 | £246,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £454,225 | £447,500 | 24 LONGLEAT |
| 11 Aug 2023 | £252,206 | £250,000 | 43 CHARTWELL |
| 1 Mar 2023 | £308,910 | £306,000 | 6 GAWSWORTH |
| 24 Feb 2023 | £359,758 | £360,000 | 1 GAWSWORTH |
| 27 May 2022 | £387,298 | £380,000 | 106 COTON LANE |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 24 Jan 2011. Using an estimated price of £245,447 means this house is valued at £3,299 per sq meter (£306 per sq foot).
The average size of a house on LORTON is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Lorton |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gawsworth |
| Mar 2024 | Vehicle crime | Under investigation | On or near Chartwell |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ragley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ragley Close |