£233,074
This estimated value is based upon the latest sale price for the house of £49,500 on 8 May 1998. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,500 | 8 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 556 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 1998 the House Price Index for STAFFORDSHIRE was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £49,500 results in an estimated price of approximately £233,074.
| 8 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £49,500 | £183,574 | £233,074 |
The Postcode Pricing Model uses changes in average sales price within the B79 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 | 195.564 % | £96,804 | £146,304 |
| 3 Month Average | 304.929 % | £150,939 | £200,439 |
| 6 Month Average | 285.102 % | £141,125 | £190,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £253,238 | £250,000 | 9 SALTERS LANE |
| 30 Aug 2023 | £191,677 | £190,000 | 4 CHERRY STREET |
| 16 Mar 2023 | £173,636 | £172,000 | FLAT 12 OLDBURY COURT CROSS STREET |
| 5 Apr 2022 | £223,981 | £217,500 | 22 CHERRY STREET |
| 31 Jan 2022 | £210,429 | £199,950 | 1 SALTERS LANE |
This house has a floor area of 51 sq meters or 556 sq feet when measured on 11 Nov 2010. Using an estimated price of £233,075 means this house is valued at £4,505 per sq meter (£418 per sq foot).
The average size of a house on CROSS STREET is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cross Street |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Salter'S Lane |