£269,210
This estimated value is based upon the latest sale price for the house of £276,000 on 1 Nov 2022. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £276,000 | 1 Nov 2022 |
| £185,000 | 31 Mar 2017 |
| £145,000 | 4 Jan 2006 |
| £48,000 | 11 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2022 the House Price Index for STAFFORDSHIRE was 150.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.460%.Applying this -2.460% change to the original purchase price of £276,000 results in an estimated price of approximately £269,210.
| 1 Nov 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 146.7 | -2.460 % | £276,000 | £-6,789 | £269,210 |
The Postcode Pricing Model uses changes in average sales price within the WS13 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 | -37.992 % | £-104,857 | £171,142 |
| 3 Month Average | -34.684 % | £-95,727 | £180,272 |
| 6 Month Average | -11.887 % | £-32,809 | £243,190 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Jul 2016.
The average size of a house on GEORGE LANE is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near George Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near George Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenhill |
| Mar 2024 | Drugs | Under investigation | On or near Greenhill |