£198,418
This estimated value is based upon the latest sale price for the house of £161,500 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There have been two burglaries within the last year on or near Penzance Way
More crime details
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| Price Paid | Date |
|---|---|
| £161,500 | 7 Dec 2018 |
| £149,000 | 12 Aug 2010 |
| £137,950 | 6 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2018 the House Price Index for STAFFORDSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £161,500 results in an estimated price of approximately £198,418.
| 7 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £161,500 | £36,918 | £198,418 |
The Postcode Pricing Model uses changes in average sales price within the ST17 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 | -17.762 % | £-28,684 | £132,815 |
| 3 Month Average | 8.034 % | £12,975 | £174,475 |
| 6 Month Average | 22.741 % | £36,726 | £198,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £215,069 | £211,000 | 29 PENZANCE WAY |
| 7 Aug 2023 | £179,592 | £178,500 | 25 HELSTON CLOSE |
| 19 Jun 2023 | £245,995 | £244,000 | 10 HELSTON CLOSE |
| 14 Apr 2023 | £292,172 | £290,000 | 2 HELSTON CLOSE |
| 11 Aug 2022 | £183,758 | £185,000 | 19 PENZANCE WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Jun 2017. Using an estimated price of £198,419 means this house is valued at £3,052 per sq meter (£283 per sq foot).
The average size of a house on PENZANCE WAY is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Penzance Way |
| Mar 2024 | Burglary | Under investigation | On or near Penzance Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Penzance Way |
| Apr 2024 | Anti-social behaviour | On or near Helston Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Helston Close |