£392,598
This estimated value is based upon the latest sale price for the house of £310,000 on 7 Dec 2017. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 7 Dec 2017 |
| £283,000 | 23 May 2007 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2017 the House Price Index for STAFFORDSHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £310,000 results in an estimated price of approximately £392,598.
| 7 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £310,000 | £82,598 | £392,598 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | -1.543 % | £-4,784 | £305,215 |
| 3 Month Average | 16.349 % | £50,681 | £360,681 |
| 6 Month Average | 16.627 % | £51,542 | £361,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £220,000 | £220,000 | 9 SPRUCE WALK |
| 28 Jun 2023 | £183,681 | £180,000 | 24 PINE VIEW |
| 14 Jun 2023 | £244,908 | £240,000 | 19 PINE VIEW |
| 28 Apr 2023 | £178,336 | £175,000 | 31 CAMBRIAN LANE |
| 31 Mar 2023 | £171,870 | £169,000 | 53 BOWER LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 Apr 2017. Using an estimated price of £392,598 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on BOWER LANE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambrian Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Highland Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highland Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Daywell Rise |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferncombe Drive |