£178,226
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Apr 2010. 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 Gainsborough Drive
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| Price Paid | Date |
|---|---|
| £105,000 | 30 Apr 2010 |
| £123,500 | 16 May 2005 |
| £62,950 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 645 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 April 2010 the House Price Index for STAFFORDSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £105,000 results in an estimated price of approximately £178,226.
| 30 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £105,000 | £73,226 | £178,226 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 110.514 % | £116,039 | £221,039 |
| 3 Month Average | 65.811 % | £69,101 | £174,101 |
| 6 Month Average | 53.501 % | £56,175 | £161,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £96,230 | £95,000 | 14 GAINSBOROUGH DRIVE |
| 22 Sep 2023 | £268,432 | £265,000 | 4 REYNOLDS GROVE |
| 25 Aug 2023 | £289,533 | £287,000 | 25 SUTHERLAND GROVE |
| 24 Apr 2023 | £269,906 | £267,000 | 6 REYNOLDS GROVE |
| 24 Feb 2023 | £283,809 | £284,000 | 40 REYNOLDS GROVE |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 23 Sep 2009. Using an estimated price of £178,227 means this house is valued at £2,972 per sq meter (£276 per sq foot).
The average size of a house on LOWRY CLOSE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gainsborough Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Turner Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ayrton Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Reynolds Grove |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Moore Close |