£299,433
This estimated value is based upon the latest sale price for the house of £295,000 on 21 Nov 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 21 Nov 2023 |
| £150,000 | 6 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2023 the House Price Index for STAFFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £295,000 results in an estimated price of approximately £299,433.
| 21 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £295,000 | £4,433 | £299,433 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 33.974 % | £100,222 | £395,222 |
| 3 Month Average | 7.021 % | £20,710 | £315,710 |
| 6 Month Average | -9.754 % | £-28,775 | £266,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £299,433 | £295,000 | KENTRAUGH GRAVELLY HILL |
| 14 Jul 2023 | £912,278 | £900,000 | THE BEECHES PINEWOOD ROAD |
| 14 Jun 2023 | £377,067 | £372,500 | 2 ORCHARD CLOSE |
| 4 Apr 2023 | £267,884 | £265,000 | 6 ST JOHNS WAY |
| 4 Apr 2023 | £318,429 | £315,000 | THAI WINDS SANDY LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Apr 2012. Using an estimated price of £299,433 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on GRAVELLY HILL is 123 sq meters (1,326 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gravelly Hill |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Farm |
| Apr 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sandy Lane |