£330,415
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 25 Nov 2020 |
| £300,000 | 10 Nov 2006 |
| £125,000 | 3 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 November 2020 the House Price Index for STAFFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £285,000 results in an estimated price of approximately £330,415.
| 25 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £285,000 | £45,415 | £330,415 |
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 | 5.296 % | £15,092 | £300,092 |
| 3 Month Average | 5.143 % | £14,656 | £299,656 |
| 6 Month Average | 8.843 % | £25,203 | £310,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £414,463 | £410,000 | 158 NORTHWOOD LANE |
| 22 Feb 2023 | £299,798 | £300,000 | 19 BEECHWOOD CLOSE |
| 29 Jul 2022 | £255,688 | £255,000 | 131 NORTHWOOD LANE |
| 24 Jun 2022 | £197,795 | £195,000 | 121 NORTHWOOD LANE |
| 29 Apr 2022 | £267,748 | £260,000 | 3 MOSS RISE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 1 Feb 2014. Using an estimated price of £330,416 means this house is valued at £2,343 per sq meter (£217 per sq foot).
The average size of a house on NORTHWOOD LANE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndown Drive South |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wynstay Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndown Drive |
| Mar 2024 | Public order | Under investigation | On or near Mansfield Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Mansfield Close |