£372,727
This estimated value is based upon the latest sale price for the house of £279,950 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £279,950 | 19 Aug 2016 |
| £102,500 | 11 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,262 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 2016 the House Price Index for STAFFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £279,950 results in an estimated price of approximately £372,727.
| 19 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £279,950 | £92,777 | £372,727 |
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 | -28.272 % | £-79,148 | £200,801 |
| 3 Month Average | 4.946 % | £13,846 | £293,796 |
| 6 Month Average | 19.773 % | £55,353 | £335,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £431,387 | £425,000 | 28 MERCER AVENUE |
| 3 Aug 2023 | £370,743 | £367,500 | 34 MERCER AVENUE |
| 2 Sep 2022 | £322,397 | £325,000 | 20 ST MICHAELS MOUNT |
| 16 Aug 2022 | £373,993 | £375,000 | 4 GEORGE LANE |
| 15 Jul 2022 | £367,489 | £366,500 | 40 MERCER AVENUE |
This house has a floor area of 117 sq meters or 1,262 sq feet when measured on 7 Apr 2011. Using an estimated price of £372,728 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on GRIFFITHS WAY is 151 sq meters (1,628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrow Place |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sheridan Way |
| Mar 2024 | Burglary | Under investigation | On or near Mercer Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackie'S Lane |