£221,128
This estimated value is based upon the latest sale price for the house of £179,000 on 24 Jan 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £179,000 | 24 Jan 2019 |
| Semi-Detached |
| Freehold |
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 January 2019 the House Price Index for STAFFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £179,000 results in an estimated price of approximately £221,128.
| 24 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £179,000 | £42,128 | £221,128 |
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 | 107.141 % | £191,782 | £370,782 |
| 3 Month Average | 28.328 % | £50,706 | £229,706 |
| 6 Month Average | 22.606 % | £40,464 | £219,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £312,736 | £310,000 | 1 NEWGATE |
| 28 Apr 2023 | £363,918 | £360,000 | 11 WOLVERHAMPTON ROAD |
| 27 Jan 2023 | £248,828 | £250,000 | 25 LETCHMERE CLOSE |
| 16 Aug 2022 | £294,208 | £295,000 | 9 HIGH PATH |
| 16 Dec 2021 | £337,484 | £315,000 | 2 WOLVERHAMPTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near The Retreat Gardens |
| Jan 2024 | Vehicle crime | Under investigation | On or near The Retreat Gardens |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Public order | Local resolution | On or near Parking Area |