£387,828
This estimated value is based upon the latest sale price for the house of £322,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £322,000 | 20 Mar 2020 |
| Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 March 2020 the House Price Index for STAFFORDSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £322,000 results in an estimated price of approximately £387,828.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £322,000 | £65,828 | £387,828 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | 24.388 % | £78,530 | £400,530 |
| 3 Month Average | 7.428 % | £23,919 | £345,919 |
| 6 Month Average | 12.061 % | £38,836 | £360,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £477,500 | £477,500 | 15 SEVERN DRIVE |
| 28 Nov 2023 | £294,358 | £290,000 | 57 LICHFIELD ROAD |
| 15 Nov 2023 | £352,215 | £347,000 | 13 TRENT CLOSE |
| 13 Nov 2023 | £360,335 | £355,000 | 52 LEAM DRIVE |
| 18 Aug 2023 | £359,142 | £356,000 | 22 SEVERN DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 Jun 2012. Using an estimated price of £387,829 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on TRENT CLOSE is 125 sq meters (1,347 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Mease Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow View |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farewell Lane |
| Dec 2023 | Other crime | Under investigation | On or near Farewell Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Farewell Lane |