£436,203
This estimated value is based upon the latest sale price for the house of £355,000 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 |
|---|---|
| £355,000 | 10 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £355,000 results in an estimated price of approximately £436,203.
| 10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £355,000 | £81,203 | £436,203 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -14.208 % | £-50,437 | £304,562 |
| 3 Month Average | 31.264 % | £110,987 | £465,987 |
| 6 Month Average | 17.501 % | £62,128 | £417,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £328,334 | £320,000 | 6 ALBRIGHTON HOUSE THE WATER GARDENS |
| 31 Oct 2023 | £700,919 | £685,000 | 49 SHOWELL LANE |
| 1 Sep 2023 | £593,074 | £580,000 | THE WILLOWS STOURBRIDGE ROAD |
| 30 Jun 2023 | £346,902 | £339,950 | 10 NORTON CLOSE |
| 9 Jun 2023 | £255,112 | £250,000 | 7 ALBRIGHTON HOUSE THE WATER GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 19 Jun 2019. Using an estimated price of £436,204 means this house is valued at £4,846 per sq meter (£450 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 155 sq meters (1,675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near The Water Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Foxlands Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns |
| May 2024 | Other theft | Under investigation | On or near Larkswood Drive |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norton Close |