£483,190
This estimated value is based upon the latest sale price for the house of £385,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 12 Jan 2018 |
| Detached |
| Freehold |
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 2018 the House Price Index for STAFFORDSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £385,000 results in an estimated price of approximately £483,190.
| 12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £385,000 | £98,190 | £483,190 |
The Postcode Pricing Model uses changes in average sales price within the WV5 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 | 101.861 % | £392,166 | £777,166 |
| 3 Month Average | 20.007 % | £77,027 | £462,027 |
| 6 Month Average | 28.248 % | £108,754 | £493,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £240,000 | £240,000 | 71 BRICKBRIDGE LANE |
| 14 Sep 2023 | £258,303 | £255,000 | 52 BRIDGNORTH ROAD |
| 27 Jan 2023 | £247,833 | £249,000 | 5 CLEE VIEW ROAD |
| 16 Feb 2022 | £356,556 | £340,000 | 82 BRICKBRIDGE LANE |
| 17 Dec 2021 | £278,558 | £260,000 | 10 CLEE VIEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Clee View Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bridgnorth Avenue |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Bridgnorth Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bridgnorth Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brickbridge Lane |