£381,026
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 25 Aug 2017 |
| £273,000 | 14 Feb 2011 |
| £190,000 | 28 May 2004 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 727 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 2017 the House Price Index for STAFFORDSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £300,000 results in an estimated price of approximately £381,026.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £300,000 | £81,026 | £381,026 |
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 | -8.240 % | £-24,719 | £275,280 |
| 3 Month Average | 7.082 % | £21,246 | £321,246 |
| 6 Month Average | 25.525 % | £76,574 | £376,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £173,215 | £171,000 | 24 PARK STREET |
| 16 Jun 2023 | £253,065 | £250,000 | 6 MEADOW PARK |
| 27 Apr 2023 | £171,850 | £170,000 | 2 PARK STREET |
| 27 Jan 2023 | £194,086 | £195,000 | 46 PARK STREET |
| 27 Jan 2023 | £268,734 | £270,000 | 34 MEADOW PARK |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 21 Nov 2010. Using an estimated price of £381,027 means this house is valued at £5,638 per sq meter (£523 per sq foot).
The average size of a house on LICHFIELD ROAD is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Street |
| Apr 2024 | Public order | Under investigation | On or near Sunset Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sunset Close |
| Mar 2024 | Anti-social behaviour | On or near Sunset Close | |
| Mar 2024 | Anti-social behaviour | On or near Sunset Close |