£229,262
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 6 Jul 2018 |
| £89,000 | 5 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2018 the House Price Index for STAFFORDSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £185,000 results in an estimated price of approximately £229,262.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £185,000 | £44,262 | £229,262 |
The Postcode Pricing Model uses changes in average sales price within the ST5 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 | 29.533 % | £54,635 | £239,635 |
| 3 Month Average | 13.449 % | £24,879 | £209,879 |
| 6 Month Average | 16.769 % | £31,022 | £216,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £254,452 | £250,000 | 6 GREENBANK ROAD |
| 28 Jul 2023 | £207,797 | £205,000 | 26 THE GREENWAY |
| 26 Jan 2023 | £213,992 | £215,000 | 13 MAUREEN GROVE |
| 17 Jan 2023 | £127,898 | £128,500 | 3 CHAPEL STREET |
| 20 Sep 2022 | £210,302 | £212,000 | 6 OXHAY VIEW |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Jan 2018. Using an estimated price of £229,262 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on GREENBANK ROAD is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Greenbank Road | |
| Dec 2023 | Anti-social behaviour | On or near Greenbank Road | |
| Dec 2023 | Anti-social behaviour | On or near Greenbank Road | |
| Dec 2023 | Anti-social behaviour | On or near Greenbank Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Oxhay View |