£1,060,022
This estimated value is based upon the latest sale price for the house of £700,000 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £700,000 | 1 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 217 sq meters or 2,335 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 2014 the House Price Index for STAFFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £700,000 results in an estimated price of approximately £1,060,022.
| 1 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £700,000 | £360,022 | £1,060,022 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | 20.002 % | £140,011 | £840,011 |
| 3 Month Average | 29.142 % | £203,996 | £903,996 |
| 6 Month Average | 48.204 % | £337,425 | £1,037,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £297,604 | £295,000 | 4 ROWAN DRIVE |
| 28 Apr 2023 | £179,937 | £178,000 | 26 HILL TOP VIEW |
| 1 Feb 2023 | £327,779 | £328,000 | 39 CHESTNUT CLOSE |
| 7 Sep 2022 | £406,716 | £410,000 | 20 ROWAN DRIVE |
| 1 Sep 2022 | £1,190,387 | £1,200,000 | THE MALTINGS CHURCH HILL |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 25 Feb 2014. Using an estimated price of £1,060,023 means this house is valued at £4,884 per sq meter (£453 per sq foot).
The average size of a house on LYSWAYS LANE is 312 sq meters (3,368 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Hill |
| Mar 2024 | Burglary | Under investigation | On or near Stoneywell Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lichfield Road |
| Mar 2024 | Burglary | Under investigation | On or near Beech Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St James Close |