£259,166
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Sep 2011. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 640 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 2011 the House Price Index for STAFFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £150,000 results in an estimated price of approximately £259,166.
| 29 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £150,000 | £109,166 | £259,166 |
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 | 98.176 % | £147,264 | £297,264 |
| 3 Month Average | 56.198 % | £84,297 | £234,297 |
| 6 Month Average | 63.795 % | £95,692 | £245,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £250,000 | £250,000 | 22 GORSTEY LEA |
| 14 Jul 2023 | £299,025 | £295,000 | 48 BRACKEN CLOSE |
| 1 Jun 2023 | £311,270 | £307,500 | 31 HIGHFIELD ROAD |
| 17 Mar 2023 | £272,568 | £270,000 | 17 BROWNING ROAD |
| 3 Mar 2023 | £454,280 | £450,000 | 6 TREVITHICK CLOSE |
This house has a floor area of 59 sq meters or 640 sq feet when measured on 28 Mar 2011. Using an estimated price of £259,167 means this house is valued at £4,354 per sq meter (£404 per sq foot).
The average size of a house on GORSTEY LEA is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Browning Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Drive |
| Feb 2024 | Anti-social behaviour | On or near Keble Close | |
| Feb 2024 | Anti-social behaviour | On or near Keble Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Close |