£285,124
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Aug 2019 |
| £76,000 | 7 Aug 1998 |
| £69,950 | 16 Jun 1997 |
| £60,000 | 17 Jan 1997 |
| Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 August 2019 the House Price Index for STAFFORDSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £230,000 results in an estimated price of approximately £285,124.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £230,000 | £55,124 | £285,124 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | -7.045 % | £-16,203 | £213,796 |
| 3 Month Average | 18.139 % | £41,719 | £271,719 |
| 6 Month Average | 16.568 % | £38,106 | £268,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £295,000 | £295,000 | 18 FARM CLOSE |
| 25 Mar 2024 | £228,511 | £225,000 | 8 FERNCOMBE DRIVE |
| 17 Nov 2023 | £189,818 | £185,000 | 26 FERNCOMBE DRIVE |
| 6 Nov 2023 | £205,209 | £200,000 | 7 CRESTWOOD RISE |
| 17 Aug 2023 | £224,041 | £220,000 | 9 LANEHEAD WALK |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 22 Oct 2013. Using an estimated price of £285,125 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on FARM CLOSE is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferncombe Drive |
| Oct 2024 | Anti-social behaviour | On or near Crestwood Rise | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hurstbourne Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lansdowne Way |