£179,827
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 5 Dec 2014 |
£70,000 | 5 Sep 2003 |
£33,000 | 11 Jun 1999 |
Terraced |
Leasehold |
Floor Area: 60 sq meters or 645 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 December 2014 the House Price Index for STAFFORDSHIRE was 66.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 56.372%.Applying this 56.372% change to the original purchase price of £115,000 results in an estimated price of approximately £179,827.
5 Dec 2014 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.7 | 104.3 | 56.372 % | £115,000 | £64,827 | £179,827 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | 8.210 % | £9,441 | £124,441 |
3 Month Average | 52.491 % | £60,365 | £175,365 |
6 Month Average | 55.598 % | £63,937 | £178,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £437,697 | £410,000 | OAK RISE PUMP LANE |
25 Mar 2024 | £240,200 | £225,000 | 8 FERNCOMBE DRIVE |
17 Nov 2023 | £197,700 | £185,000 | 26 FERNCOMBE DRIVE |
10 Nov 2023 | £245,789 | £230,000 | 7 BRACKEN WAY |
28 Jun 2023 | £190,599 | £180,000 | 24 PINE VIEW |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 1 Aug 2014. Using an estimated price of £179,828 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on GORSEBURN WAY is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferncombe Drive |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferncombe Drive |
Jan 2025 | Criminal damage and arson | Unable to prosecute suspect | On or near Crabtree Way |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Bracken Way |
Mar 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lanehead Walk |