£400,880
This estimated value is based upon the latest sale price for the house of £330,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 31 Jan 2020 |
| £315,000 | 15 Jun 2017 |
| Detached |
| Freehold |
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 January 2020 the House Price Index for STAFFORDSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £330,000 results in an estimated price of approximately £400,880.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £330,000 | £70,880 | £400,880 |
The Postcode Pricing Model uses changes in average sales price within the WV5 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 | 22.864 % | £75,452 | £405,452 |
| 3 Month Average | 14.183 % | £46,805 | £376,805 |
| 6 Month Average | 4.263 % | £14,066 | £344,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £315,055 | £312,500 | 5 CORNS GROVE |
| 27 Feb 2023 | £449,126 | £451,250 | 193 COMMON ROAD |
| 23 Sep 2022 | £217,356 | £220,000 | 2 CHAPEL CLOSE |
| 18 Mar 2022 | £325,105 | £315,000 | 4 BANBERY DRIVE |
| 13 Dec 2021 | £357,462 | £335,000 | 2 BANBERY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wombourne Park |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wombourne Park |
| Apr 2024 | Anti-social behaviour | On or near Banbery Drive | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banbery Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banbery Drive |