£1,248,404
This estimated value is based upon the latest sale price for the house of £1,150,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,150,000 | 2 Sep 2021 |
| £730,000 | 28 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 290 sq meters or 3,121 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 September 2021 the House Price Index for STAFFORDSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,248,404.
| 2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £1,150,000 | £98,404 | £1,248,404 |
The Postcode Pricing Model uses changes in average sales price within the WS14 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 | 7.802 % | £89,722 | £1,239,722 |
| 3 Month Average | -16.805 % | £-193,252 | £956,747 |
| 6 Month Average | -10.313 % | £-118,601 | £1,031,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £132,652 | £131,500 | 17 GLEDHILL PARK |
| 13 Oct 2023 | £81,859 | £80,000 | 7 LABURNUM COURT TAMWORTH ROAD |
| 1 Aug 2023 | £180,353 | £177,100 | 19 GLEDHILL PARK |
| 14 Jun 2023 | £183,681 | £180,000 | 15 GLEDHILL PARK |
| 24 Mar 2023 | £172,887 | £170,000 | 8 GLEDHILL PARK |
This house has a floor area of 290 sq meters or 3,121 sq feet when measured on 9 May 2014. Using an estimated price of £1,248,405 means this house is valued at £4,304 per sq meter (£399 per sq foot).
The average size of a house on BORROWCOP LANE is 187 sq meters (2,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near King'S Hill Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near King'S Hill Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gledhill Park |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Petrol Station |