£174,398
This estimated value is based upon the latest sale price for the house of £133,000 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,000 | 15 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 December 2016 the House Price Index for STAFFORDSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £133,000 results in an estimated price of approximately £174,398.
| 15 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £133,000 | £41,398 | £174,398 |
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 | -18.787 % | £-24,986 | £108,013 |
| 3 Month Average | 14.391 % | £19,139 | £152,139 |
| 6 Month Average | 28.315 % | £37,659 | £170,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £160,245 | £161,000 | 67 QUEENSWAY |
| 8 Nov 2022 | £165,495 | £167,500 | 16 SETTERFIELD WAY |
| 29 Jul 2022 | £188,006 | £187,500 | 32 CHERRY TREE ROAD |
| 5 Nov 2021 | £178,450 | £165,000 | 79 COULTHWAITE WAY |
| 27 Sep 2021 | £167,027 | £155,000 | 25 SETTERFIELD WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 May 2014. Using an estimated price of £174,398 means this house is valued at £2,456 per sq meter (£228 per sq foot).
The average size of a house on GORSE LANE is 122 sq meters (1,313 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Local resolution | On or near Heather Close |
| Mar 2024 | Public order | Local resolution | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |