£496,554
This estimated value is based upon the latest sale price for the house of £400,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 15 Nov 2018 |
| £172,500 | 9 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2018 the House Price Index for STAFFORDSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £400,000 results in an estimated price of approximately £496,554.
| 15 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £400,000 | £96,554 | £496,554 |
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 | 0.170 % | £678 | £400,678 |
| 3 Month Average | 19.447 % | £77,786 | £477,786 |
| 6 Month Average | 18.955 % | £75,819 | £475,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £1,726,526 | £1,700,000 | PARK HOUSE LOWER WAY |
| 25 Aug 2023 | £376,796 | £370,000 | 43 UPPER WAY |
| 27 Sep 2022 | £374,750 | £375,000 | 16 THE GRANGE |
| 24 Jun 2022 | £536,468 | £525,000 | 60 UPPER WAY |
| 12 May 2022 | £693,056 | £675,000 | 46 UPPER WAY |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 17 Nov 2017. Using an estimated price of £496,555 means this house is valued at £3,266 per sq meter (£303 per sq foot).
The average size of a house on THE GRANGE is 173 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Shaver'S Lane |
| Oct 2024 | Other theft | Under investigation | On or near Batesway |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Willows |
| Sep 2024 | Anti-social behaviour | On or near Armitage Lane | |
| Sep 2024 | Public order | Local resolution | On or near Armitage Lane |