£239,827
This estimated value is based upon the latest sale price for the house of £138,500 on 24 Jan 2012. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,500 | 24 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 703 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 January 2012 the House Price Index for STAFFORDSHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £138,500 results in an estimated price of approximately £239,827.
| 24 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £138,500 | £101,327 | £239,827 |
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 | 115.007 % | £159,285 | £297,785 |
| 3 Month Average | 86.040 % | £119,165 | £257,665 |
| 6 Month Average | 50.652 % | £70,153 | £208,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £154,755 | £150,000 | 156 PIREHILL LANE |
| 27 Oct 2023 | £291,623 | £285,000 | 3 WOOD CRESCENT |
| 20 Mar 2023 | £5,085 | £5,000 | 28 HEATH GARDENS |
| 19 Aug 2022 | £278,301 | £277,000 | 9 WOOD CRESCENT |
| 17 Jun 2022 | £223,273 | £218,500 | 63 PIREHILL LANE |
This house has a floor area of 65 sq meters or 703 sq feet when measured on 28 Mar 2011. Using an estimated price of £239,827 means this house is valued at £3,671 per sq meter (£341 per sq foot).
The average size of a house on WOOD LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Wood Lane | |
| Jun 2024 | Anti-social behaviour | On or near Wood Lane | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Lane |
| Jul 2024 | Anti-social behaviour | On or near Spring Gardens |