£311,064
This estimated value is based upon the latest sale price for the house of £304,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £304,000 | 27 Oct 2023 |
| £215,000 | 9 Jun 2006 |
| £82,000 | 6 Nov 1998 |
| Detached |
| Freehold |
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 October 2023 the House Price Index for STAFFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £304,000 results in an estimated price of approximately £311,064.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £304,000 | £7,064 | £311,064 |
The Postcode Pricing Model uses changes in average sales price within the ST13 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 | -25.468 % | £-77,422 | £226,577 |
| 3 Month Average | -14.853 % | £-45,152 | £258,847 |
| 6 Month Average | -0.076 % | £-230 | £303,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £280,000 | £280,000 | 68 FOLLY LANE |
| 14 Jun 2024 | £225,000 | £225,000 | 34 FOLLY LANE |
| 27 Mar 2024 | £215,308 | £212,000 | 1 WOODLANDS AVENUE |
| 27 Oct 2023 | £311,065 | £304,000 | 7B MILLSTONE EDGE |
| 17 Aug 2023 | £269,867 | £265,000 | 44 FOLLY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Folly Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folly Fields |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Folly Fields |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cheadle Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |