£166,761
This estimated value is based upon the latest sale price for the house of £135,000 on 12 Feb 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 12 Feb 2019 |
| £122,500 | 8 Sep 2006 |
| £25,000 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for STAFFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £135,000 results in an estimated price of approximately £166,761.
| 12 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £135,000 | £31,761 | £166,761 |
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 | -7.811 % | £-10,544 | £124,455 |
| 3 Month Average | 20.077 % | £27,104 | £162,104 |
| 6 Month Average | 17.235 % | £23,266 | £158,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £198,473 | £195,000 | 3 MAPLE CLOSE |
| 18 Sep 2023 | £114,464 | £113,000 | 31 POPLAR AVENUE |
| 7 Jul 2023 | £182,456 | £180,000 | 60 SYCAMORE ROAD |
| 6 Jun 2023 | £111,349 | £110,000 | 11 BEECH CRESCENT |
| 27 Jan 2023 | £238,875 | £240,000 | 40 OAKDENE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Feb 2018. Using an estimated price of £166,761 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on CHERRY CLOSE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Cherry Close |
| Apr 2024 | Anti-social behaviour | On or near Cherry Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Close |
| Mar 2024 | Robbery | Under investigation | On or near Cherry Close |