£243,979
This estimated value is based upon the latest sale price for the house of £155,000 on 21 Mar 2014. 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 Gorsey Lane
More crime details
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Price Paid | Date |
---|---|
£155,000 | 21 Mar 2014 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 March 2014 the House Price Index for STAFFORDSHIRE was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £155,000 results in an estimated price of approximately £243,979.
21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £155,000 | £88,979 | £243,979 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 97.487 % | £151,104 | £306,104 |
3 Month Average | 47.825 % | £74,128 | £229,128 |
6 Month Average | 50.806 % | £78,750 | £233,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £201,765 | £200,000 | 4 BIRCH AVENUE |
6 Apr 2023 | £424,571 | £420,000 | 64 HATHERTON ROAD |
3 Feb 2023 | £634,573 | £635,000 | 39 GORSEY LANE |
19 Jul 2022 | £185,499 | £185,000 | 94 ST JAMES ROAD |
17 Dec 2021 | £162,849 | £152,000 | 63 BIRCH AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Nov 2013. Using an estimated price of £243,980 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on SPARBRIDGE CLOSE is 113 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Gorsey Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatherton Road |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Hatherton Road |
Dec 2023 | Burglary | Awaiting court outcome | On or near Hatherton Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Willows |