£499,961
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Aug 2009. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 6 Aug 2009 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2009 the House Price Index for STAFFORDSHIRE was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £275,000 results in an estimated price of approximately £499,961.
| 6 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £275,000 | £224,961 | £499,961 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -20.284 % | £-55,781 | £219,218 |
| 3 Month Average | 25.350 % | £69,713 | £344,713 |
| 6 Month Average | 70.795 % | £194,685 | £469,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £270,973 | £265,000 | 5 CHURCH HILL |
| 23 Jan 2023 | £2,005 | £2,000 | 10 SEDGLEY ROAD |
| 17 Jan 2023 | £292,782 | £292,000 | 2 WHEATHILL CLOSE |
| 19 Aug 2022 | £291,312 | £289,950 | 3 WHEATHILL CLOSE |
| 12 Aug 2022 | £342,100 | £340,500 | 4 PETERDALE DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Nov 2012. Using an estimated price of £499,962 means this house is valued at £4,901 per sq meter (£455 per sq foot).
The average size of a house on SEDGLEY ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cotsdale Road | |
| Aug 2024 | Anti-social behaviour | On or near Cotsdale Road | |
| Aug 2024 | Anti-social behaviour | On or near Cotsdale Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Peterdale Drive |
| Oct 2024 | Anti-social behaviour | On or near Brenton Road |