£423,296
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 24 Feb 2012 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,427 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 February 2012 the House Price Index for STAFFORDSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £245,000 results in an estimated price of approximately £423,296.
| 24 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £245,000 | £178,296 | £423,296 |
The Postcode Pricing Model uses changes in average sales price within the DE15 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 | 68.597 % | £168,062 | £413,062 |
| 3 Month Average | 82.924 % | £203,164 | £448,164 |
| 6 Month Average | 45.559 % | £111,619 | £356,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £266,042 | £260,000 | 2 HERITAGE WAY |
| 11 Aug 2023 | £376,796 | £370,000 | 101 WOODS LANE |
| 23 Jun 2023 | £285,726 | £280,000 | 116 WOODS LANE |
| 7 Jun 2023 | £247,459 | £242,500 | 32 CLAY STREET |
| 26 Apr 2023 | £264,956 | £260,000 | 64 MALVERN AVENUE |
This house has a floor area of 132 sq meters or 1,427 sq feet when measured on 17 Nov 2011. Using an estimated price of £423,297 means this house is valued at £3,192 per sq meter (£296 per sq foot).
The average size of a house on MALVERN AVENUE is 98 sq meters (1,064 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,427 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Avenue |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Woods Lane |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woods Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heritage Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heritage Way |