£875,795
This estimated value is based upon the latest sale price for the house of £860,000 on 3 Aug 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £860,000 | 3 Aug 2023 |
| £463,000 | 26 Nov 2010 |
| £375,000 | 2 Apr 2007 |
| £184,000 | 12 Dec 2000 |
| £140,000 | 31 Jul 1998 |
| Detached |
| Freehold |
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 2023 the House Price Index for STAFFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £860,000 results in an estimated price of approximately £875,795.
| 3 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £860,000 | £15,795 | £875,795 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -57.080 % | £-490,891 | £369,108 |
| 3 Month Average | -21.432 % | £-184,311 | £675,688 |
| 6 Month Average | -11.086 % | £-95,339 | £764,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £208,199 | £205,000 | 78 WESTON DRIVE |
| 8 Mar 2024 | £124,919 | £123,000 | 33 THE HOLLIES |
| 25 Aug 2023 | £130,351 | £128,000 | 37 THE HOLLIES |
| 3 Aug 2023 | £875,796 | £860,000 | NEWLAND HOUSE NEW LANDYWOOD LANE |
| 30 Jun 2023 | £1,785,787 | £1,750,000 | THE NEW FARMHOUSE NEW LANDYWOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Landywood Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Lane |
| Apr 2024 | Other theft | Under investigation | On or near Long Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Hollies |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Hollies |