£241,407
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Jun 2021 |
| £183,500 | 29 Jan 2019 |
| £151,000 | 17 Jul 2006 |
| £83,500 | 9 Mar 2001 |
| £63,500 | 23 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2021 the House Price Index for STAFFORDSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £225,000 results in an estimated price of approximately £241,407.
| 18 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £225,000 | £16,407 | £241,407 |
The Postcode Pricing Model uses changes in average sales price within the WS13 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 | -7.598 % | £-17,096 | £207,903 |
| 3 Month Average | -5.337 % | £-12,008 | £212,991 |
| 6 Month Average | 3.999 % | £8,998 | £233,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £272,383 | £270,000 | 18 STOWE STREET |
| 8 Aug 2023 | £201,765 | £200,000 | 1 GREENHILL |
| 25 Jul 2023 | £255,574 | £252,134 | APARTMENT 6 STOWE PLACE ROTTEN ROW |
| 9 Jun 2023 | £296,284 | £292,695 | APARTMENT 10 STOWE PLACE ROTTEN ROW |
| 27 Feb 2023 | £84,943 | £85,000 | 9 GREENHILL MEWS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Mar 2018. Using an estimated price of £241,408 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on GEORGE LANE is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near George Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Lane |
| Mar 2024 | Drugs | Under investigation | On or near Greenhill |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Greenhill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenhill |