£286,658
This estimated value is based upon the latest sale price for the house of £228,750 on 12 Jun 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £228,750 | 12 Jun 2018 |
| £90,000 | 9 Mar 2017 |
| £90,000 | 16 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 June 2018 the House Price Index for STAFFORDSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £228,750 results in an estimated price of approximately £286,658.
| 12 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £228,750 | £57,908 | £286,658 |
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 | 18.575 % | £42,490 | £271,240 |
| 3 Month Average | 62.270 % | £142,441 | £371,191 |
| 6 Month Average | 37.538 % | £85,867 | £314,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £269,802 | £268,000 | 12 PENN ROAD |
| 10 Nov 2022 | £313,534 | £315,000 | 24 PENN ROAD |
| 7 Oct 2022 | £224,251 | £225,000 | FLAT 1 56 SEDGLEY ROAD |
| 31 Mar 2022 | £730,701 | £699,950 | THE SEDGES PENN COMMON |
| 19 Jan 2022 | £715,634 | £675,000 | 25A PENN ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 9 Feb 2018. Using an estimated price of £286,658 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on SEDGLEY ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Penn Croft Lane | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cotsdale Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sedgley Road |
| Apr 2024 | Public order | Under investigation | On or near Baggeridge Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pennwood Lane |