£406,164
This estimated value is based upon the latest sale price for the house of £333,000 on 22 Jan 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £333,000 | 22 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2020 the House Price Index for STAFFORDSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £333,000 results in an estimated price of approximately £406,164.
| 22 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £333,000 | £73,164 | £406,164 |
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 | -23.753 % | £-79,098 | £253,901 |
| 3 Month Average | -12.594 % | £-41,936 | £291,063 |
| 6 Month Average | -1.337 % | £-4,453 | £328,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £526,735 | £520,000 | 11 COOPER CLOSE |
| 28 Apr 2023 | £470,061 | £465,000 | 19 SADDLER AVENUE |
| 28 Feb 2023 | £368,402 | £368,650 | 4 AMBLESIDE CLOSE |
| 4 Jan 2023 | £313,523 | £315,000 | 5 ULLSWATER DRIVE |
| 13 Apr 2022 | £345,086 | £335,100 | 3 ULLSWATER DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 17 Sep 2020. Using an estimated price of £406,165 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on SPRINGWOOD DRIVE is 157 sq meters (1,696 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sheridan Way |