£70,447
This estimated value is based upon the latest sale price for the house of £54,500 on 20 Apr 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £54,500 | 20 Apr 2017 |
| £51,250 | 15 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 April 2017 the House Price Index for STAFFORDSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £54,500 results in an estimated price of approximately £70,447.
| 20 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £54,500 | £15,947 | £70,447 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 41.770 % | £22,764 | £77,264 |
| 3 Month Average | 43.508 % | £23,711 | £78,211 |
| 6 Month Average | 36.598 % | £19,945 | £74,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £126,878 | £125,000 | 29 ACORN CLOSE |
| 29 Sep 2023 | £126,619 | £125,000 | 37 ACORN CLOSE |
| 11 Nov 2022 | £182,786 | £185,000 | 2 ELDER CLOSE |
| 28 Jul 2022 | £147,898 | £147,500 | 33 ACORN CLOSE |
| 29 Jun 2022 | £190,695 | £188,000 | 20 ELDER CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Jun 2016. Using an estimated price of £70,448 means this house is valued at £1,235 per sq meter (£114 per sq foot).
The average size of a house on HEATH WAY is 55 sq meters (593 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Charterfield Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Charterfield Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Mar 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |