£161,971
This estimated value is based upon the latest sale price for the house of £133,333 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,333 | 10 Jan 2020 |
| £88,000 | 6 Sep 2004 |
| £58,000 | 4 Apr 2003 |
| £39,000 | 3 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2020 the House Price Index for STAFFORDSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £133,333 results in an estimated price of approximately £161,971.
| 10 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £133,333 | £28,638 | £161,971 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | 13.238 % | £17,650 | £150,983 |
| 3 Month Average | 4.867 % | £6,489 | £139,822 |
| 6 Month Average | 14.430 % | £19,239 | £152,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £119,950 | £119,950 | 51 HEMPSTALLS LANE |
| 25 Aug 2023 | £216,567 | £215,250 | 112 HEMPSTALLS LANE |
| 18 Aug 2023 | £150,918 | £150,000 | 74 ST MICHAELS ROAD |
| 18 Aug 2023 | £206,254 | £205,000 | 108 HEMPSTALLS LANE |
| 14 Jul 2023 | £131,241 | £130,000 | 44 HEMPSTALLS LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 May 2015. Using an estimated price of £161,971 means this house is valued at £1,928 per sq meter (£179 per sq foot).
The average size of a house on HEMPSTALLS LANE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hempstalls Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hempstalls Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hempstalls Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hempstalls Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hempstalls Lane |