£225,885
This estimated value is based upon the latest sale price for the house of £187,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,000 | 28 Aug 2020 |
| £112,000 | 20 Sep 2002 |
| £59,995 | 12 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 August 2020 the House Price Index for STAFFORDSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £187,000 results in an estimated price of approximately £225,885.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £187,000 | £38,885 | £225,885 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | -48.815 % | £-91,283 | £95,716 |
| 3 Month Average | -0.135 % | £-251 | £186,748 |
| 6 Month Average | 9.574 % | £17,903 | £204,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £80,930 | £81,200 | 5 WAVENEY AVENUE |
| 23 May 2022 | £200,216 | £195,000 | 4 GIBSON ROAD |
| 4 Feb 2022 | £184,880 | £175,000 | 27 CHESHIRE GROVE |
| 21 Jan 2022 | £251,797 | £237,500 | 56 SEVERN DRIVE |
| 1 Oct 2021 | £172,774 | £155,000 | 25 MALLORY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 May 2012. Using an estimated price of £225,885 means this house is valued at £3,226 per sq meter (£299 per sq foot).
The average size of a house on SEVERN DRIVE is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mallory Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallory Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cheshire Grove |
| Jun 2024 | Burglary | Under investigation | On or near Waveney Avenue |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Waveney Avenue |