£305,921
This estimated value is based upon the latest sale price for the house of £247,500 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £247,500 | 27 Sep 2019 |
| £166,500 | 27 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 733 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 2019 the House Price Index for STAFFORDSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £247,500 results in an estimated price of approximately £305,921.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £247,500 | £58,421 | £305,921 |
The Postcode Pricing Model uses changes in average sales price within the WS6 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 | -8.710 % | £-21,556 | £225,943 |
| 3 Month Average | -8.951 % | £-22,154 | £225,345 |
| 6 Month Average | 8.593 % | £21,266 | £268,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £254,592 | £250,000 | 59 KESTREL WAY |
| 3 Mar 2023 | £235,940 | £232,000 | 30 FALCON CLOSE |
| 9 May 2022 | £210,484 | £205,000 | 17 PINFOLD LANE |
| 7 Apr 2022 | £176,362 | £170,000 | 131 MITRE ROAD |
| 28 Mar 2022 | £391,475 | £375,000 | 9 BESOM WAY |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 17 Aug 2009. Using an estimated price of £305,922 means this house is valued at £4,488 per sq meter (£416 per sq foot).
The average size of a house on FALCON CLOSE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Street |
| Aug 2024 | Burglary | Under investigation | On or near Lapwing Close |
| Aug 2024 | Burglary | Under investigation | On or near Lapwing Close |