£417,796
This estimated value is based upon the latest sale price for the house of £370,000 on 9 Apr 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £370,000 | 9 Apr 2021 |
| £332,000 | 2 Sep 2016 |
| £125,950 | 3 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 April 2021 the House Price Index for STAFFORDSHIRE was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £370,000 results in an estimated price of approximately £417,796.
| 9 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £370,000 | £47,796 | £417,796 |
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 | 48.881 % | £180,858 | £550,858 |
| 3 Month Average | -9.057 % | £-33,510 | £336,489 |
| 6 Month Average | -5.717 % | £-21,153 | £348,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £398,486 | £395,000 | 15 WEMBLEY LANE |
| 2 Jun 2023 | £192,330 | £190,000 | 12 FIVES GROVE |
| 14 Apr 2023 | £242,612 | £240,000 | 34 TWO OAKS AVENUE |
| 2 Sep 2022 | £431,515 | £435,000 | 4 PARK CROFT |
| 2 Sep 2022 | £384,892 | £388,000 | 4 TWO OAKS AVENUE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 28 Apr 2016. Using an estimated price of £417,796 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on PARK CROFT is 177 sq meters (1,908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Two Oaks Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Two Oaks Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Two Oaks Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wembley Lane |