£283,147
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 4 Feb 2022 |
| £177,500 | 18 Jul 2008 |
| £189,950 | 15 Sep 2006 |
| £115,000 | 22 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2022 the House Price Index for STAFFORDSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £270,000 results in an estimated price of approximately £283,147.
| 4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £270,000 | £13,147 | £283,147 |
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 | -7.917 % | £-21,376 | £248,623 |
| 3 Month Average | -15.775 % | £-42,592 | £227,407 |
| 6 Month Average | -10.855 % | £-29,307 | £240,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £299,025 | £295,000 | 48 BRACKEN CLOSE |
| 24 Mar 2022 | £254,921 | £246,000 | 49 BRACKEN CLOSE |
| 4 Feb 2022 | £283,148 | £270,000 | 8 ELDER LANE |
| 21 Jul 2021 | £287,311 | £249,995 | 55 BRACKEN CLOSE |
| 16 Jul 2021 | £623,476 | £542,500 | 41 ELDER LANE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 18 Dec 2015. Using an estimated price of £283,148 means this house is valued at £2,081 per sq meter (£193 per sq foot).
The average size of a house on ELDER LANE is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Elder Lane |
| Mar 2024 | Anti-social behaviour | On or near Elder Lane | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Anson Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Anson Close |