£232,144
This estimated value is based upon the latest sale price for the house of £190,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 18 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 December 2019 the House Price Index for STAFFORDSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £190,000 results in an estimated price of approximately £232,144.
| 18 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £190,000 | £42,144 | £232,144 |
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 | 4.432 % | £8,421 | £198,421 |
| 3 Month Average | 3.326 % | £6,318 | £196,318 |
| 6 Month Average | 9.623 % | £18,283 | £208,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £226,839 | £225,000 | 42 BRENTON ROAD |
| 23 Jan 2023 | £1,983 | £2,000 | 10 SEDGLEY ROAD |
| 27 Jun 2022 | £333,379 | £330,000 | 72 BRENTON ROAD |
| 30 Sep 2021 | £434,663 | £405,000 | 18 SEDGLEY ROAD |
| 28 May 2021 | £311,194 | £276,500 | 26 SEDGLEY ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Mar 2015. Using an estimated price of £232,144 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on PENN COMMON is 143 sq meters (1,545 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Sedgley Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sedgley Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sedgley Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sedgley Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Drive |