£110,275
This estimated value is based upon the latest sale price for the house of £75,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 15 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2015 the House Price Index for STAFFORDSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £75,000 results in an estimated price of approximately £110,275.
| 15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £75,000 | £35,275 | £110,275 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | 41.586 % | £31,189 | £106,189 |
| 3 Month Average | 39.468 % | £29,601 | £104,601 |
| 6 Month Average | 41.455 % | £31,091 | £106,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £287,293 | £280,000 | 3 DAYTON DRIVE |
| 8 Sep 2023 | £199,396 | £195,000 | 9 THISTLE CLOSE |
| 25 Aug 2023 | £285,143 | £280,000 | 3 SHERINGHAM DRIVE |
| 28 Oct 2022 | £204,318 | £205,000 | 29 LANSDOWNE WAY |
| 7 Sep 2022 | £219,853 | £220,000 | 18 LANSDOWNE WAY |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 24 Mar 2014. Using an estimated price of £110,276 means this house is valued at £2,042 per sq meter (£189 per sq foot).
The average size of a house on MALVERN DRIVE is 92 sq meters (1,001 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Thistle Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lansdowne Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hurstbourne Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Waverley Gardens |