£566,228
This estimated value is based upon the latest sale price for the house of £545,000 on 12 Jan 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £545,000 | 12 Jan 2022 |
| £164,000 | 7 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 January 2022 the House Price Index for STAFFORDSHIRE was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £545,000 results in an estimated price of approximately £566,228.
| 12 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £545,000 | £21,228 | £566,228 |
The Postcode Pricing Model uses changes in average sales price within the WS13 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 | -53.328 % | £-290,636 | £254,363 |
| 3 Month Average | -4.502 % | £-24,534 | £520,465 |
| 6 Month Average | 12.246 % | £66,739 | £611,739 |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 26 Aug 2021.
The average size of a house on HEATH GAP is 210 sq meters (2,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Local resolution | On or near Bridge Farm Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Farm Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bridge Farm Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gillespie Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Alexander Close |