£185,250
This estimated value is based upon the latest sale price for the house of £40,000 on 23 Oct 1998. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£40,000 | 23 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 602 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 1998 the House Price Index for STAFFORDSHIRE was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £40,000 results in an estimated price of approximately £185,250.
23 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £40,000 | £145,250 | £185,250 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | 178.592 % | £71,436 | £111,436 |
3 Month Average | 265.306 % | £106,122 | £146,122 |
6 Month Average | 280.282 % | £112,112 | £152,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £122,500 | £122,500 | 121 FERNWOOD DRIVE |
7 Mar 2024 | £120,000 | £120,000 | 82 FERNWOOD DRIVE |
15 Dec 2023 | £127,226 | £125,000 | 119 FERNWOOD DRIVE |
21 Jul 2023 | £202,723 | £199,995 | 27 FERNWOOD DRIVE |
30 Mar 2023 | £252,378 | £250,000 | 7 AVERILL DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Aug 2019. Using an estimated price of £185,251 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on CHAPELSIDE is 73 sq meters (796 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Wetherall Close |
Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Fernwood Drive |