£104,746
This estimated value is based upon the latest sale price for the house of £85,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 31 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2018 the House Price Index for STAFFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £85,000 results in an estimated price of approximately £104,746.
| 31 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £85,000 | £19,746 | £104,746 |
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 | 5.221 % | £4,437 | £89,437 |
| 3 Month Average | 11.756 % | £9,992 | £94,992 |
| 6 Month Average | 8.528 % | £7,248 | £92,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £167,938 | £165,000 | 45 KINGS AVENUE |
| 10 Nov 2023 | £507,514 | £500,000 | 15 SOUTHLANDS AVENUE |
| 28 Sep 2023 | £414,804 | £409,500 | 17 SOUTHLANDS AVENUE |
| 28 Jul 2023 | £202,729 | £200,000 | 11 COURT LANE |
| 3 Jul 2023 | £233,138 | £230,000 | 20 COURT LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Jul 2018. Using an estimated price of £104,746 means this house is valued at £1,176 per sq meter (£109 per sq foot).
The average size of a house on MILEHOUSE LANE is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Court Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St John'S Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southlands Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southlands Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sparch Avenue |