£304,121
This estimated value is based upon the latest sale price for the house of £290,000 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 7 Feb 2022 |
| £240,000 | 31 Jul 2006 |
| £235,000 | 2 Nov 2005 |
| 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 February 2022 the House Price Index for STAFFORDSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £290,000 results in an estimated price of approximately £304,121.
| 7 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £290,000 | £14,121 | £304,121 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | -4.579 % | £-13,280 | £276,719 |
| 3 Month Average | -5.523 % | £-16,017 | £273,982 |
| 6 Month Average | 16.200 % | £46,980 | £336,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £276,595 | £272,500 | 7 TERN GROVE |
| 3 Feb 2023 | £654,560 | £655,000 | ROMANY ROWAN LANE |
| 18 Feb 2022 | £248,016 | £236,500 | GWYLDENE PINEWOOD ROAD |
| 11 Feb 2022 | £293,634 | £280,000 | 7 AVON GROVE |
| 7 Feb 2022 | £304,121 | £290,000 | 1 ACORN BUNGALOW NEWCASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rowan Lane |
| Feb 2024 | Anti-social behaviour | On or near Broom Hollow | |
| Feb 2024 | Anti-social behaviour | On or near Broom Hollow | |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Bracken Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gravelly Hill |