£323,918
This estimated value is based upon the latest sale price for the house of £264,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £264,000 | 6 Sep 2019 |
| £260,000 | 27 Jun 2019 |
| £169,995 | 5 Sep 2003 |
| £82,500 | 24 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 September 2019 the House Price Index for STAFFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £264,000 results in an estimated price of approximately £323,918.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £264,000 | £59,918 | £323,918 |
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 | 17.906 % | £47,271 | £311,271 |
| 3 Month Average | 1.013 % | £2,673 | £266,673 |
| 6 Month Average | 9.865 % | £26,044 | £290,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £264,299 | £267,500 | 79 SCHOOL LANE |
| 30 Aug 2022 | £425,854 | £427,000 | 1 FAIR LADY DRIVE |
| 18 Mar 2022 | £238,340 | £230,000 | 43 SCHOOL LANE |
| 4 Mar 2022 | £248,703 | £240,000 | 30 SCHOOL LANE |
| 28 Feb 2022 | £293,634 | £280,000 | 22 THORPE AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 24 Mar 2018. Using an estimated price of £323,919 means this house is valued at £3,271 per sq meter (£303 per sq foot).
The average size of a house on SCHOOL LANE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wembley Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wembley Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wembley Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wembley Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wembley Lane |