£394,152
This estimated value is based upon the latest sale price for the house of £316,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £316,000 | 25 May 2018 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2018 the House Price Index for STAFFORDSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £316,000 results in an estimated price of approximately £394,152.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £316,000 | £78,152 | £394,152 |
The Postcode Pricing Model uses changes in average sales price within the ST15 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 | -15.858 % | £-50,110 | £265,889 |
| 3 Month Average | -2.740 % | £-8,658 | £307,341 |
| 6 Month Average | 0.221 % | £697 | £316,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £526,735 | £520,000 | 11 COOPER CLOSE |
| 28 Apr 2023 | £470,061 | £465,000 | 19 SADDLER AVENUE |
| 16 Aug 2022 | £373,993 | £375,000 | 4 GEORGE LANE |
| 25 Feb 2022 | £393,260 | £375,000 | 20 SHERIDAN WAY |
| 29 Jul 2021 | £390,750 | £340,000 | 5 COOPER CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 8 Jun 2017. Using an estimated price of £394,153 means this house is valued at £3,340 per sq meter (£310 per sq foot).
The average size of a house on FARRIER CLOSE is 153 sq meters (1,655 sq feet).
This house is the smallest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Sheridan Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackie'S Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrow Place |
| Mar 2024 | Burglary | Under investigation | On or near Mercer Avenue |