£416,106
This estimated value is based upon the latest sale price for the house of £315,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 9 Dec 2016 |
| £250,000 | 28 Mar 2013 |
| £93,000 | 24 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2016 the House Price Index for STAFFORDSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £315,000 results in an estimated price of approximately £416,106.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £315,000 | £101,106 | £416,106 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 33.185 % | £104,533 | £419,533 |
| 3 Month Average | 52.214 % | £164,473 | £479,473 |
| 6 Month Average | 55.126 % | £173,647 | £488,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £345,000 | £345,000 | 2 GLOUCESTER WAY |
| 1 Mar 2024 | £324,993 | £320,000 | 2 BRISTOL CLOSE |
| 20 Oct 2023 | £376,041 | £367,500 | 12 ST PAULS CLOSE |
| 22 Jun 2023 | £341,851 | £335,000 | 35 ATTINGHAM DRIVE |
| 27 Jan 2023 | £381,018 | £380,000 | 11 GLOUCESTER WAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 6 May 2012. Using an estimated price of £416,107 means this house is valued at £3,328 per sq meter (£309 per sq foot).
The average size of a house on GLOUCESTER WAY is 124 sq meters (1,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hodnet Place |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayes Way |
| Oct 2024 | Vehicle crime | Under investigation | On or near Hayes Way |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Peterborough Drive |
| Aug 2024 | Other theft | Under investigation | On or near Wrens Croft |