£487,812
This estimated value is based upon the latest sale price for the house of £295,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £295,000 | 2 Aug 2013 |
| £325,000 | 25 May 2007 |
| £249,950 | 23 Dec 2003 |
| £95,500 | 17 Aug 1995 |
| £125,000 | 28 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,659 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 2013 the House Price Index for STAFFORDSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £295,000 results in an estimated price of approximately £487,812.
| 2 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £295,000 | £192,812 | £487,812 |
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 | 4.462 % | £13,162 | £308,162 |
| 3 Month Average | 12.053 % | £35,557 | £330,557 |
| 6 Month Average | 25.318 % | £74,687 | £369,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £431,387 | £425,000 | 28 MERCER AVENUE |
| 3 Aug 2023 | £370,743 | £367,500 | 34 MERCER AVENUE |
| 16 Aug 2022 | £373,993 | £375,000 | 4 GEORGE LANE |
| 15 Jul 2022 | £367,489 | £366,500 | 40 MERCER AVENUE |
| 25 Feb 2022 | £393,260 | £375,000 | 20 SHERIDAN WAY |
This house has a floor area of 154 sq meters or 1,659 sq feet when measured on 27 Jul 2011. Using an estimated price of £487,812 means this house is valued at £3,163 per sq meter (£293 per sq foot).
The average size of a house on GEORGE LANE is 235 sq meters (2,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sheridan Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrow Place |
| Mar 2024 | Burglary | Under investigation | On or near Mercer Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackie'S Lane |