£324,685
This estimated value is based upon the latest sale price for the house of £240,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 6 May 2016 |
£210,000 | 6 Dec 2010 |
Semi-Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 May 2016 the House Price Index for STAFFORDSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £240,000 results in an estimated price of approximately £324,685.
6 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £240,000 | £84,685 | £324,685 |
The Postcode Pricing Model uses changes in average sales price within the ST15 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 | 64.148 % | £153,956 | £393,956 |
3 Month Average | 62.482 % | £149,956 | £389,956 |
6 Month Average | 30.903 % | £74,167 | £314,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £452,000 | £452,000 | 4 WESLEY DRIVE |
16 Nov 2023 | £384,767 | £375,000 | 4 THE REDLANDS |
22 Sep 2023 | £580,803 | £568,000 | 186 LICHFIELD ROAD |
22 Sep 2023 | £378,340 | £370,000 | 43 ST CHADS CLOSE |
22 Sep 2023 | £301,650 | £295,000 | 6 BROOKFIELD COURT |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 13 Aug 2014. Using an estimated price of £324,685 means this house is valued at £2,705 per sq meter (£251 per sq foot).
The average size of a house on LICHFIELD ROAD is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Thomas Avenue |
May 2024 | Other theft | Under investigation | On or near Thomas Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffiths Way |
May 2024 | Other crime | Further investigation is not in the public interest | On or near Harrow Place |