£380,332
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Oct 2011. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 7 Oct 2011 |
| £70,000 | 1 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 866 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 October 2011 the House Price Index for STAFFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £220,000 results in an estimated price of approximately £380,332.
| 7 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £220,000 | £160,332 | £380,332 |
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 | 26.382 % | £58,040 | £278,040 |
| 3 Month Average | 32.602 % | £71,724 | £291,724 |
| 6 Month Average | 56.489 % | £124,276 | £344,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £309,752 | £306,000 | 63 GRANGE LANE |
| 10 Mar 2023 | £297,806 | £295,000 | 9 SMALL RIDGE |
| 20 Jan 2023 | £186,621 | £187,500 | 7 HEENAN GROVE |
| 29 Jul 2022 | £376,012 | £375,000 | 22A GRANGE LANE |
| 22 Jul 2022 | £426,147 | £425,000 | 56 HIGH GRANGE |
This house has a floor area of 80 sq meters or 866 sq feet when measured on 21 Jul 2011. Using an estimated price of £380,332 means this house is valued at £4,726 per sq meter (£439 per sq foot).
The average size of a house on GRANGE LANE is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Smallridge |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Windmill Close |
| Mar 2024 | Other theft | Under investigation | On or near Ferndale Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heenan Grove |
| Jan 2024 | Anti-social behaviour | On or near Heenan Grove |