£297,846
This estimated value is based upon the latest sale price for the house of £249,000 on 28 Sep 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,000 | 28 Sep 2020 |
| £155,000 | 23 Jun 2003 |
| £145,000 | 4 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2020 the House Price Index for STAFFORDSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £249,000 results in an estimated price of approximately £297,846.
| 28 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £249,000 | £48,846 | £297,846 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | -24.728 % | £-61,572 | £187,427 |
| 3 Month Average | 5.338 % | £13,290 | £262,290 |
| 6 Month Average | 5.273 % | £13,129 | £262,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £294,000 | £294,000 | 42 GAINSBOROUGH DRIVE |
| 29 Sep 2023 | £97,141 | £95,000 | 14 GAINSBOROUGH DRIVE |
| 22 Sep 2023 | £270,973 | £265,000 | 4 REYNOLDS GROVE |
| 25 Aug 2023 | £292,271 | £287,000 | 25 SUTHERLAND GROVE |
| 24 Apr 2023 | £272,089 | £267,000 | 6 REYNOLDS GROVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 12 Nov 2019. Using an estimated price of £297,847 means this house is valued at £3,039 per sq meter (£282 per sq foot).
The average size of a house on GAINSBOROUGH DRIVE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lowry Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lowry Close |
| Jun 2024 | Anti-social behaviour | On or near Turner Grove | |
| Jun 2024 | Anti-social behaviour | On or near Turner Grove | |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Turner Grove |