£357,587
This estimated value is based upon the latest sale price for the house of £245,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 8 May 2015 |
| £135,000 | 23 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £245,000 results in an estimated price of approximately £357,587.
| 8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £245,000 | £112,587 | £357,587 |
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 | 37.060 % | £90,796 | £335,796 |
| 3 Month Average | 21.772 % | £53,342 | £298,342 |
| 6 Month Average | 34.460 % | £84,426 | £329,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £157,007 | £155,000 | 55 NEW STREET |
| 24 Jul 2023 | £172,319 | £170,000 | PROSPERITY HOUSE WATER STREET |
| 7 Jul 2023 | £322,338 | £318,000 | 61 WATER STREET |
| 23 Jun 2023 | £140,704 | £139,000 | 85 RUGELEY ROAD |
| 2 Sep 2022 | £208,318 | £210,000 | 7 WATER STREET |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 17 Sep 2014. Using an estimated price of £357,587 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on WATER STREET is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Robbery | Under investigation | On or near Joseph Dewsbury Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph Dewsbury Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |