£520,324
This estimated value is based upon the latest sale price for the house of £345,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 3 Oct 2014 |
| £175,000 | 11 Nov 1998 |
| £52,000 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 October 2014 the House Price Index for STAFFORDSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £345,000 results in an estimated price of approximately £520,324.
| 3 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £345,000 | £175,324 | £520,324 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | 24.914 % | £85,952 | £430,952 |
| 3 Month Average | 42.301 % | £145,939 | £490,939 |
| 6 Month Average | 44.210 % | £152,526 | £497,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £453,942 | £450,000 | 3 HAGLEY FARM BARNS JONES LANE |
| 2 Aug 2023 | £268,340 | £263,500 | 5 LADY HILL TERRACE |
| 30 Jan 2023 | £466,246 | £465,000 | 6 POST OFFICE LANE |
| 18 Jul 2022 | £691,933 | £685,000 | 2 CHASELEY CLOSE |
| 8 Jul 2022 | £101,012 | £100,000 | 2 NORWOOD HOUSE PEAKES ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 28 May 2014. Using an estimated price of £520,325 means this house is valued at £3,613 per sq meter (£335 per sq foot).
There is one other house on the street which we know the size of, this is 3 OAKLEY COPSE it is 143.52
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St Johns Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Pingle |
| Aug 2024 | Anti-social behaviour | On or near The Pingle | |
| Aug 2024 | Anti-social behaviour | On or near The Pingle | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Pingle |