£272,118
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 Aug 2018 |
| £201,000 | 2 May 2007 |
| £140,000 | 8 Sep 2000 |
| Detached |
| Freehold |
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 August 2018 the House Price Index for STAFFORDSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £220,000 results in an estimated price of approximately £272,118.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £220,000 | £52,118 | £272,118 |
The Postcode Pricing Model uses changes in average sales price within the WS6 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 | -28.519 % | £-62,740 | £157,259 |
| 3 Month Average | 35.779 % | £78,713 | £298,713 |
| 6 Month Average | 29.520 % | £64,943 | £284,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £710,519 | £700,000 | 205 WALSALL ROAD |
| 7 Sep 2023 | £496,346 | £490,000 | 38 HILTON LANE |
| 7 Sep 2023 | £172,202 | £170,000 | 22 BROADMEADOW LANE |
| 7 Sep 2023 | £329,209 | £325,000 | 18 BROADMEADOW LANE |
| 14 Jul 2023 | £324,366 | £320,000 | 48 HILTON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hazel Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Spring Drive |