£306,606
This estimated value is based upon the latest sale price for the house of £208,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £208,000 | 6 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2015 the House Price Index for STAFFORDSHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £208,000 results in an estimated price of approximately £306,606.
| 6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £208,000 | £98,606 | £306,606 |
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 | 17.886 % | £37,203 | £245,203 |
| 3 Month Average | 26.206 % | £54,507 | £262,507 |
| 6 Month Average | 32.433 % | £67,459 | £275,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £315,000 | £315,000 | 36 LONGHURST DRIVE |
| 29 Aug 2023 | £272,383 | £270,000 | 32 LONGHURST DRIVE |
| 8 Feb 2023 | £242,837 | £243,000 | 9 PALMER CLOSE |
| 31 Jan 2023 | £209,015 | £210,000 | 52 LONGHURST DRIVE |
| 11 Feb 2022 | £241,200 | £230,000 | 12 LOCKE WAY |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 30 Nov 2015. Using an estimated price of £306,606 means this house is valued at £2,620 per sq meter (£243 per sq foot).
The average size of a house on LEMA WAY is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Avon Rise |
| Mar 2024 | Possession of weapons | Under investigation | On or near Avon Rise |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Avon Rise |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Avon Rise |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Avon Rise |