£545,963
This estimated value is based upon the latest sale price for the house of £407,000 on 13 Jul 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£407,000 | 13 Jul 2016 |
£297,000 | 31 Jan 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 July 2016 the House Price Index for STAFFORDSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £407,000 results in an estimated price of approximately £545,963.
13 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £407,000 | £138,963 | £545,963 |
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 | 77.307 % | £314,638 | £721,638 |
3 Month Average | 36.514 % | £148,613 | £555,613 |
6 Month Average | 28.694 % | £116,783 | £523,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £425,000 | £425,000 | FRANMAR CHAPEL LANE |
15 Dec 2023 | £190,865 | £185,000 | 3 BIRCH RISE |
8 Nov 2023 | £974,743 | £950,000 | BURNTWOOD CHAPEL LANE |
12 Oct 2023 | £721,384 | £705,000 | THE LILACS CHAPEL LANE |
29 Jul 2022 | £696,984 | £690,000 | IVY HOUSE FARM, 157 PINEWOOD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Chapel Lane | |
Jun 2024 | Anti-social behaviour | On or near Chapel Lane | |
Jul 2024 | Anti-social behaviour | On or near Birch Rise | |
Jul 2024 | Vehicle crime | Under investigation | On or near Hugo Way |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hugo Way |