£137,354
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Jul 2021. 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 Parking Area
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| Price Paid | Date |
|---|---|
| £120,000 | 8 Jul 2021 |
| £89,000 | 25 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 July 2021 the House Price Index for STAFFORDSHIRE was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £120,000 results in an estimated price of approximately £137,354.
| 8 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £120,000 | £17,354 | £137,354 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 50.039 % | £60,046 | £180,046 |
| 3 Month Average | 7.237 % | £8,684 | £128,684 |
| 6 Month Average | 5.136 % | £6,162 | £126,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £183,471 | £180,000 | 40 SMILLIE PLACE |
| 28 Jul 2023 | £171,623 | £170,000 | 3 SMILLIE PLACE |
| 12 Apr 2023 | £177,570 | £176,250 | 6 SMILLIE PLACE |
| 20 Feb 2023 | £126,402 | £127,000 | 176 CANNOCK ROAD |
| 16 Feb 2023 | £303,564 | £305,000 | 119 CANNOCK ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Dec 2016. Using an estimated price of £137,355 means this house is valued at £1,881 per sq meter (£174 per sq foot).
The average size of a house on CANNOCK ROAD is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Other crime | Under investigation | On or near Parking Area |
| Apr 2024 | Burglary | Under investigation | On or near Parking Area |