£289,470
This estimated value is based upon the latest sale price for the house of £240,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 19 Jun 2020 |
| £185,000 | 27 Mar 2015 |
| £120,000 | 16 Aug 2002 |
| Terraced |
| 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 June 2020 the House Price Index for STAFFORDSHIRE was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £240,000 results in an estimated price of approximately £289,470.
| 19 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £240,000 | £49,470 | £289,470 |
The Postcode Pricing Model uses changes in average sales price within the WV5 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 | 29.865 % | £71,676 | £311,676 |
| 3 Month Average | 9.012 % | £21,629 | £261,629 |
| 6 Month Average | 18.408 % | £44,179 | £284,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £319,097 | £315,000 | 48 COMMON ROAD |
| 10 Aug 2023 | £316,927 | £315,000 | 4 HIGHFIELD DRIVE |
| 21 Jul 2023 | £302,865 | £300,000 | 66 COMMON ROAD |
| 12 Jun 2023 | £388,147 | £385,000 | 64 COMMON ROAD |
| 10 Feb 2023 | £582,246 | £585,000 | 51 SYTCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near High Meadows |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whites Wood |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawkswell Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redhill Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gravel Hill |