£208,516
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Nov 2013. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 12 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2013 the House Price Index for STAFFORDSHIRE was 91.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £130,000 results in an estimated price of approximately £208,516.
| 12 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £130,000 | £78,516 | £208,516 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 106.015 % | £137,819 | £267,819 |
| 3 Month Average | 49.232 % | £64,001 | £194,001 |
| 6 Month Average | 49.427 % | £64,254 | £194,254 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 11 Feb 2014.
The average size of a house on MERCIA DRIVE is 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harald Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Guthrum Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Idonia Road |
| Feb 2024 | Anti-social behaviour | On or near The Parkway | |
| Feb 2024 | Anti-social behaviour | On or near The Parkway |