£240,330
This estimated value is based upon the latest sale price for the house of £165,500 on 4 Jun 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£165,500 | 4 Jun 2015 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 June 2015 the House Price Index for STAFFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £165,500 results in an estimated price of approximately £240,330.
4 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £165,500 | £74,830 | £240,330 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | 5.568 % | £9,215 | £174,715 |
3 Month Average | 18.805 % | £31,122 | £196,622 |
6 Month Average | 17.539 % | £29,026 | £194,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £233,456 | £230,000 | 8 KENNET CLOSE |
21 Jun 2023 | £141,717 | £140,000 | 16 WYE ROAD |
6 Apr 2023 | £197,122 | £195,000 | 5 WELLAND GROVE |
7 Feb 2023 | £125,915 | £126,000 | 11 MERSEY ROAD |
14 Oct 2022 | £136,035 | £137,500 | 24 WYE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 May 2012. Using an estimated price of £240,331 means this house is valued at £2,731 per sq meter (£253 per sq foot).
The average size of a house on WELLAND GROVE is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wye Road |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wye Road |
Apr 2024 | Anti-social behaviour | On or near Trent Grove | |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Trent Grove |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Trent Grove |