£829,056
This estimated value is based upon the latest sale price for the house of £445,000 on 12 May 2005. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £445,000 | 12 May 2005 |
| Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 May 2005 the House Price Index for STAFFORDSHIRE was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £445,000 results in an estimated price of approximately £829,056.
| 12 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £445,000 | £384,056 | £829,056 |
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 | -20.839 % | £-92,732 | £352,267 |
| 3 Month Average | 46.463 % | £206,760 | £651,760 |
| 6 Month Average | 82.022 % | £364,998 | £809,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £322,803 | £320,000 | 3 MARKET LANE |
| 18 Dec 2023 | £903,771 | £876,000 | 91 ORTON LANE |
| 24 Nov 2023 | £672,060 | £655,000 | 107 SPRINGHILL LANE |
| 20 Oct 2023 | £322,321 | £315,000 | 8 MARKET LANE |
| 21 Aug 2023 | £1,349,337 | £1,325,000 | 125 SPRINGHILL LANE |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 16 Oct 2018. Using an estimated price of £829,057 means this house is valued at £4,386 per sq meter (£407 per sq foot).
The average size of a house on SHOWELL LANE is 183 sq meters (1,970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Market Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Lane |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Chequers Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Chequers Avenue |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Sutherland Drive |