£695,065
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Feb 1995. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 24 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 February 1995 the House Price Index for STAFFORDSHIRE was 26.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 456.052%.Applying this 456.052% change to the original purchase price of £125,000 results in an estimated price of approximately £695,065.
| 24 Feb 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.0 | 456.052 % | £125,000 | £570,065 | £695,065 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 422.018 % | £527,522 | £652,522 |
| 3 Month Average | 418.983 % | £523,728 | £648,728 |
| 6 Month Average | 401.868 % | £502,335 | £627,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,857 | £200,000 | 36 NEWHALL STREET |
| 19 Jan 2023 | £297,388 | £300,000 | 14 - 16 WOLVERHAMPTON ROAD |
| 1 Nov 2022 | £885,638 | £900,000 | 25 MARKET HALL STREET |
| 10 Aug 2022 | £188,725 | £190,000 | 34 NEWHALL STREET |
| 23 Mar 2022 | £144,727 | £140,229 | 15 NEWHALL STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Feb 2020. Using an estimated price of £695,065 means this house is valued at £12,194 per sq meter (£1,132 per sq foot).