£281,198
This estimated value is based upon the latest sale price for the house of £171,800 on 15 Nov 2013. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £171,800 | 15 Nov 2013 |
| £130,000 | 24 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2013 the House Price Index for STAFFORDSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £171,800 results in an estimated price of approximately £281,198.
| 15 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £171,800 | £109,398 | £281,198 |
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 | 90.340 % | £155,204 | £327,004 |
| 3 Month Average | 90.243 % | £155,037 | £326,837 |
| 6 Month Average | 69.712 % | £119,764 | £291,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £213,226 | £209,950 | 18 FIELD LANE |
| 30 Jun 2023 | £198,988 | £195,000 | 3 WARDLES LANE |
| 23 Jun 2023 | £290,828 | £285,000 | 53 HILTON LANE |
| 1 Jun 2023 | £357,157 | £350,000 | 102 HILTON LANE |
| 31 Jan 2023 | £232,622 | £232,000 | 10 JOHNS LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Jan 2015. Using an estimated price of £281,198 means this house is valued at £3,269 per sq meter (£303 per sq foot).
The average size of a house on LEA LANE is 113 sq meters (1,219 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Lea Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lea Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Field Lane |
| Jul 2024 | Drugs | Local resolution | On or near Field Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field Lane |