£124,884
This estimated value is based upon the latest sale price for the house of £86,000 on 23 Jun 2015. 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 Beech Road
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| Price Paid | Date |
|---|---|
| £86,000 | 23 Jun 2015 |
| £70,000 | 8 May 2015 |
| 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 June 2015 the House Price Index for STAFFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £86,000 results in an estimated price of approximately £124,884.
| 23 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £86,000 | £38,884 | £124,884 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | -9.899 % | £-8,512 | £77,487 |
| 3 Month Average | 40.319 % | £34,674 | £120,674 |
| 6 Month Average | 48.648 % | £41,837 | £127,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £488,243 | £482,000 | 113 GILLWAY LANE |
| 18 Aug 2023 | £259,268 | £257,000 | 58 GILLWAY LANE |
| 30 Jun 2023 | £188,838 | £186,551 | 8 CHERRY TREE WALK |
| 18 Nov 2022 | £198,346 | £200,749 | 75 BEECH ROAD |
| 8 Jul 2022 | £421,134 | £420,000 | 79 GILLWAY LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 28 Aug 2014. Using an estimated price of £124,885 means this house is valued at £1,710 per sq meter (£158 per sq foot).
The average size of a house on BEECH ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Beech Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beech Close |
| Mar 2024 | Other theft | Under investigation | On or near Cherry Tree Walk |
| Jan 2024 | Public order | Under investigation | On or near Cherry Tree Walk |