£198,940
This estimated value is based upon the latest sale price for the house of £140,000 on 29 Jul 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 29 Jul 2015 |
| £75,500 | 29 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2015 the House Price Index for STAFFORDSHIRE was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £140,000 results in an estimated price of approximately £198,940.
| 29 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £140,000 | £58,940 | £198,940 |
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 | 52.487 % | £73,482 | £213,482 |
| 3 Month Average | 26.773 % | £37,481 | £177,481 |
| 6 Month Average | 36.080 % | £50,511 | £190,511 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 15 Mar 2016.
The average size of a house on MELFORD RISE is 107 sq meters (1,154 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lodge Rise | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lodge Rise |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Lodge Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lymington Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lymington Road |