£204,399
This estimated value is based upon the latest sale price for the house of £129,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 6 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2013 the House Price Index for STAFFORDSHIRE was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £129,000 results in an estimated price of approximately £204,399.
| 6 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £129,000 | £75,399 | £204,399 |
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 | 88.508 % | £114,175 | £243,175 |
| 3 Month Average | 45.749 % | £59,016 | £188,016 |
| 6 Month Average | 54.295 % | £70,040 | £199,040 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 8 Oct 2013.
The average size of a house on LICHFIELD ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Mease Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow View |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Scholars Gate |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Scholars Gate |