£286,587
This estimated value is based upon the latest sale price for the house of £255,000 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 6 Aug 2021 |
| £255,000 | 23 Nov 2020 |
| £68,000 | 20 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for STAFFORDSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £255,000 results in an estimated price of approximately £286,587.
| 6 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £255,000 | £31,587 | £286,587 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | 52.249 % | £133,233 | £388,233 |
| 3 Month Average | 9.151 % | £23,335 | £278,335 |
| 6 Month Average | 2.305 % | £5,877 | £260,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £235,990 | £230,000 | 8 KENNET CLOSE |
| 21 Jun 2023 | £142,863 | £140,000 | 16 WYE ROAD |
| 6 Apr 2023 | £198,717 | £195,000 | 5 WELLAND GROVE |
| 7 Feb 2023 | £126,847 | £126,000 | 11 MERSEY ROAD |
| 20 Jan 2023 | £216,579 | £216,000 | 4 TRENT GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Jun 2020. Using an estimated price of £286,588 means this house is valued at £3,627 per sq meter (£337 per sq foot).
The average size of a house on WELLAND GROVE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Welland Grove |
| Apr 2024 | Anti-social behaviour | On or near Ravenswood Close | |
| Apr 2024 | Anti-social behaviour | On or near Ravenswood Close | |
| Apr 2024 | Anti-social behaviour | On or near Ravenswood Close | |
| Apr 2024 | Anti-social behaviour | On or near Ravenswood Close |