£173,135
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 12 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 April 2019 the House Price Index for STAFFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £140,000 results in an estimated price of approximately £173,135.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £140,000 | £33,135 | £173,135 |
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 | 11.985 % | £16,779 | £156,779 |
| 3 Month Average | 16.967 % | £23,753 | £163,753 |
| 6 Month Average | 23.671 % | £33,138 | £173,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £195,393 | £192,500 | 8 PARK ROAD |
| 3 Nov 2023 | £217,216 | £214,000 | 21 PARK ROAD |
| 25 Aug 2023 | £204,287 | £202,500 | 14 HENLEY CLOSE |
| 4 Aug 2023 | £251,198 | £249,000 | 164 CHASE ROAD |
| 1 Aug 2023 | £118,033 | £117,000 | 184 CHASE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Oct 2018. Using an estimated price of £173,135 means this house is valued at £2,137 per sq meter (£198 per sq foot).
The average size of a house on CHASE ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chase Road |
| Mar 2024 | Anti-social behaviour | On or near Chase Road | |
| Feb 2024 | Anti-social behaviour | On or near Chase Road | |
| Feb 2024 | Anti-social behaviour | On or near Chase Road | |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Chase Road |