£459,843
This estimated value is based upon the latest sale price for the house of £270,000 on 30 Aug 2012. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 30 Aug 2012 |
| £102,500 | 31 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 944 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 2012 the House Price Index for STAFFORDSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £270,000 results in an estimated price of approximately £459,843.
| 30 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £270,000 | £189,843 | £459,843 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | 9.702 % | £26,196 | £296,196 |
| 3 Month Average | 31.783 % | £85,813 | £355,813 |
| 6 Month Average | 61.559 % | £166,208 | £436,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £437,658 | £430,000 | 6 BRUNEL CLOSE |
| 21 Sep 2023 | £253,238 | £250,000 | 9 SALTERS LANE |
| 17 Mar 2023 | £264,492 | £262,000 | 15 WOODCROFT AVENUE |
| 16 Mar 2023 | £173,636 | £172,000 | FLAT 12 OLDBURY COURT CROSS STREET |
| 31 Jan 2022 | £210,429 | £199,950 | 1 SALTERS LANE |
This house has a floor area of 87 sq meters or 944 sq feet when measured on 3 Feb 2012. Using an estimated price of £459,844 means this house is valued at £5,237 per sq meter (£486 per sq foot).
There is one other house on the street which we know the size of, this is 2 LAUREL BANK it is 138.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Salter'S Lane |
| Jan 2024 | Public order | Under investigation | On or near Salter'S Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Gungate |
| Jan 2024 | Anti-social behaviour | On or near Upper Gungate | |
| Jan 2024 | Anti-social behaviour | On or near Upper Gungate |