£565,433
This estimated value is based upon the latest sale price for the house of £570,000 on 23 Sep 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £570,000 | 23 Sep 2022 |
| £615,000 | 29 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 2022 the House Price Index for STAFFORDSHIRE was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £570,000 results in an estimated price of approximately £565,433.
| 23 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £570,000 | £-4,566 | £565,433 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 41.918 % | £238,931 | £808,931 |
| 3 Month Average | 0.144 % | £822 | £570,822 |
| 6 Month Average | 0.307 % | £1,752 | £571,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £324,809 | £320,000 | 6 ALBRIGHTON HOUSE THE WATER GARDENS |
| 31 Jul 2023 | £425,730 | £420,000 | 20 SHOWELL LANE |
| 30 Jun 2023 | £344,118 | £339,950 | 10 NORTON CLOSE |
| 9 Jun 2023 | £253,065 | £250,000 | 7 ALBRIGHTON HOUSE THE WATER GARDENS |
| 6 Apr 2023 | £176,905 | £175,000 | 3 BEARNETT DRIVE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 13 Dec 2021. Using an estimated price of £565,434 means this house is valued at £3,056 per sq meter (£283 per sq foot).
The average size of a house on THE WATER GARDENS is 147 sq meters (1,585 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Water Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Water Gardens |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near The Water Gardens |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near The Water Gardens |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Foxlands Crescent |