£102,998
This estimated value is based upon the latest sale price for the house of £60,000 on 24 Aug 2006. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near New Plant Lane
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| Price Paid | Date |
|---|---|
| £60,000 | 24 Aug 2006 |
| £45,000 | 14 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2006 the House Price Index for STAFFORDSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £60,000 results in an estimated price of approximately £102,998.
| 24 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £60,000 | £42,998 | £102,998 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | 83.346 % | £50,007 | £110,007 |
| 3 Month Average | 51.090 % | £30,654 | £90,654 |
| 6 Month Average | 60.925 % | £36,554 | £96,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £184,864 | £182,500 | 4 NEW PLANT LANE |
| 2 Jun 2023 | £192,330 | £190,000 | 12 FIVES GROVE |
| 14 Apr 2023 | £242,612 | £240,000 | 34 TWO OAKS AVENUE |
| 23 Sep 2022 | £109,119 | £110,000 | 7 NEW PLANT LANE |
| 2 Sep 2022 | £431,515 | £435,000 | 4 PARK CROFT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Sep 2013. Using an estimated price of £102,998 means this house is valued at £1,634 per sq meter (£151 per sq foot).
The average size of a house on FIVES GROVE is 68 sq meters (735 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near New Plant Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near New Plant Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Two Oaks Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Two Oaks Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Two Oaks Avenue |