£254,133
This estimated value is based upon the latest sale price for the house of £205,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 23 Aug 2019 |
| £173,000 | 19 Sep 2014 |
| £165,000 | 6 Jun 2005 |
| £94,000 | 2 Nov 2001 |
| £73,000 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 August 2019 the House Price Index for STAFFORDSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £205,000 results in an estimated price of approximately £254,133.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £205,000 | £49,133 | £254,133 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | -0.499 % | £-1,022 | £203,977 |
| 3 Month Average | 10.616 % | £21,762 | £226,762 |
| 6 Month Average | 15.698 % | £32,179 | £237,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £241,121 | £235,000 | 5 MERCIA DRIVE |
| 23 Jun 2023 | £265,317 | £260,000 | 16 HARALD CLOSE |
| 2 Feb 2023 | £209,902 | £208,500 | 2 BENSON CLOSE |
| 5 Jan 2023 | £290,777 | £290,000 | 52 IDONIA ROAD |
| 17 Oct 2022 | £187,374 | £188,000 | 5 CORNOVIAN CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Jun 2014. Using an estimated price of £254,133 means this house is valued at £3,683 per sq meter (£342 per sq foot).
The average size of a house on CORNOVIAN CLOSE is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mercia Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harald Close |
| Jul 2024 | Anti-social behaviour | On or near Egelwin Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleridge Drive |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Coleridge Drive |