£165,849
This estimated value is based upon the latest sale price for the house of £124,000 on 31 May 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 31 May 2016 |
| £99,000 | 3 Aug 2005 |
| £87,000 | 8 Mar 2004 |
| £39,000 | 8 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2016 the House Price Index for STAFFORDSHIRE was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £124,000 results in an estimated price of approximately £165,849.
| 31 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.0 | 33.749 % | £124,000 | £41,849 | £165,849 |
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 | 6.793 % | £8,422 | £132,422 |
| 3 Month Average | 26.073 % | £32,330 | £156,330 |
| 6 Month Average | 30.345 % | £37,627 | £161,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £203,857 | £200,000 | 19 HILL LANE |
| 13 Dec 2023 | £287,662 | £282,220 | 48 RAILWAY LANE |
| 14 Mar 2023 | £301,630 | £300,000 | 13 HILL LANE |
| 11 Nov 2022 | £221,410 | £225,000 | 26 RAILWAY LANE |
| 17 Feb 2022 | £5,938 | £5,685 | 6 PAGET DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Jan 2016. Using an estimated price of £165,849 means this house is valued at £3,015 per sq meter (£280 per sq foot).
The average size of a house on RAILWAY LANE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near High Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| Jan 2024 | Anti-social behaviour | On or near High Street | |
| Jan 2024 | Anti-social behaviour | On or near High Street | |
| Jan 2024 | Anti-social behaviour | On or near High Street |