£334,328
This estimated value is based upon the latest sale price for the house of £285,000 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
There has been one burglary within the last year on or near Essington Close
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| Price Paid | Date |
|---|---|
| £285,000 | 22 Oct 2020 |
| £168,000 | 14 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2020 the House Price Index for STAFFORDSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £285,000 results in an estimated price of approximately £334,328.
| 22 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £285,000 | £49,328 | £334,328 |
The Postcode Pricing Model uses changes in average sales price within the WS14 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 | 11.631 % | £33,149 | £318,149 |
| 3 Month Average | 21.598 % | £61,553 | £346,553 |
| 6 Month Average | 14.102 % | £40,190 | £325,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £121,637 | £120,000 | FLAT 3 112 BIRMINGHAM ROAD |
| 6 Apr 2023 | £495,333 | £490,000 | 6 WYRLEY CLOSE |
| 3 Feb 2023 | £474,681 | £475,000 | 38 REDLOCK FIELD |
| 7 Oct 2022 | £187,927 | £189,950 | 1 ST. JOHN HOUSE VICTORY CLOSE |
| 23 Sep 2022 | £282,717 | £285,000 | 150 BIRMINGHAM ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 25 Oct 2014. Using an estimated price of £334,329 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Essington Close |
| Mar 2024 | Burglary | Under investigation | On or near The Maltings |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victory Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victory Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Victory Close |