£394,583
This estimated value is based upon the latest sale price for the house of £303,500 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £303,500 | 10 Feb 2017 |
| £275,000 | 29 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,435 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 February 2017 the House Price Index for STAFFORDSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £303,500 results in an estimated price of approximately £394,583.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £303,500 | £91,083 | £394,583 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | 30.065 % | £91,246 | £394,746 |
| 3 Month Average | 11.693 % | £35,488 | £338,988 |
| 6 Month Average | 25.855 % | £78,470 | £381,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £325,699 | £320,000 | 5 PINE TREE CLOSE |
| 24 Nov 2023 | £195,393 | £192,500 | 8 PARK ROAD |
| 3 Nov 2023 | £217,216 | £214,000 | 21 PARK ROAD |
| 31 Oct 2022 | £212,710 | £215,000 | 12 PINE TREE CLOSE |
| 1 Jun 2022 | £273,870 | £270,000 | 41 PARK ROAD |
This house has a floor area of 133 sq meters or 1,435 sq feet when measured on 7 Jan 2010. Using an estimated price of £394,583 means this house is valued at £2,959 per sq meter (£274 per sq foot).
The average size of a house on PINE TREE CLOSE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Rise |
| Mar 2024 | Vehicle crime | Under investigation | On or near Henley Close |
| Mar 2024 | Anti-social behaviour | On or near Henley Close | |
| Mar 2024 | Anti-social behaviour | On or near Henley Close | |
| Feb 2024 | Anti-social behaviour | On or near Henley Close |