£178,653
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Aug 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2015 the House Price Index for STAFFORDSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £125,000 results in an estimated price of approximately £178,653.
| 12 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £125,000 | £53,653 | £178,653 |
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 | 26.031 % | £32,538 | £157,538 |
| 3 Month Average | 20.399 % | £25,498 | £150,498 |
| 6 Month Average | 26.368 % | £32,960 | £157,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £138,931 | £136,500 | 31 HEATON TERRACE |
| 16 Nov 2023 | £152,203 | £149,950 | 10A WATLANDS VIEW |
| 19 Jul 2023 | £111,501 | £110,000 | 26 WATLANDS VIEW |
| 3 Jan 2023 | £185,128 | £186,000 | 19 LODGE GROVE |
| 28 Oct 2022 | £109,818 | £111,000 | 16 WATLANDS VIEW |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Jan 2015. Using an estimated price of £178,653 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on LODGE GROVE is 138 sq meters (1,490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watlands View |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Watlands View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watlands View |
| Jan 2024 | Drugs | Local resolution | On or near Dorrington Grove |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawson Terrace |