£672,059
This estimated value is based upon the latest sale price for the house of £655,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £655,000 | 24 Nov 2023 |
| Detached |
| Freehold |
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 2023 the House Price Index for STAFFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £655,000 results in an estimated price of approximately £672,059.
| 24 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £655,000 | £17,059 | £672,059 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -8.793 % | £-57,596 | £597,403 |
| 3 Month Average | 1.378 % | £9,025 | £664,025 |
| 6 Month Average | -1.991 % | £-13,039 | £641,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £430,000 | £430,000 | 45 SPRINGHILL PARK |
| 24 Nov 2023 | £672,060 | £655,000 | 107 SPRINGHILL LANE |
| 23 Oct 2023 | £793,011 | £775,000 | HAYDON LODGE, 130 SPRINGHILL LANE |
| 21 Aug 2023 | £585,561 | £575,000 | 123 SPRINGHILL LANE |
| 21 Aug 2023 | £1,349,337 | £1,325,000 | 125 SPRINGHILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springhill Park |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wynne Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Springhill Grove |
| Jun 2024 | Burglary | Under investigation | On or near Foxhills Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Showell Lane |