£353,791
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Spring Lane
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| Price Paid | Date |
|---|---|
| £260,000 | 18 Mar 2016 |
| £249,950 | 17 Sep 2013 |
| £245,000 | 29 Jul 2011 |
| £280,000 | 27 Jul 2006 |
| Terraced |
| 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 March 2016 the House Price Index for STAFFORDSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £260,000 results in an estimated price of approximately £353,791.
| 18 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £260,000 | £93,791 | £353,791 |
The Postcode Pricing Model uses changes in average sales price within the ST21 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 | 49.672 % | £129,148 | £389,148 |
| 3 Month Average | 78.344 % | £203,693 | £463,693 |
| 6 Month Average | 10.577 % | £27,500 | £287,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £1,462,702 | £1,450,000 | WOODLANDS |
| 2 Aug 2023 | £514,275 | £505,000 | VILLA FARM |
| 11 Nov 2022 | £263,767 | £265,000 | 5 BROWNS BRIDGE |
| 14 Oct 2022 | £548,169 | £550,000 | 23 CHURCH STREET |
| 28 Jul 2022 | £555,567 | £550,000 | MILESTONE COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Smithy Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Meech Marsh |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Byanna Grange |