£445,523
This estimated value is based upon the latest sale price for the house of £370,000 on 16 Jan 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £370,000 | 16 Jan 2020 |
| £172,000 | 23 Feb 2018 |
| £136,000 | 3 Dec 2012 |
| £137,000 | 7 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 2020 the House Price Index for STAFFORDSHIRE was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £370,000 results in an estimated price of approximately £445,523.
| 16 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £370,000 | £75,523 | £445,523 |
The Postcode Pricing Model uses changes in average sales price within the WS12 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 | 36.186 % | £133,887 | £503,887 |
| 3 Month Average | 18.747 % | £69,363 | £439,363 |
| 6 Month Average | 23.444 % | £86,741 | £456,741 |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 11 Feb 2019.
The average size of a house on GORSEMOOR ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gorsemoor Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Gorsemoor Road |
| Jan 2024 | Robbery | Under investigation | On or near Gorsemoor Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Gorsemoor Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsemoor Road |