£450,162
This estimated value is based upon the latest sale price for the house of £425,000 on 17 Jun 2021. 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 Gorsey Lane
More crime details
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| Price Paid | Date |
|---|---|
| £425,000 | 17 Jun 2021 |
| £270,000 | 22 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 June 2021 the House Price Index for STAFFORDSHIRE was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £425,000 results in an estimated price of approximately £450,162.
| 17 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £425,000 | £25,162 | £450,162 |
The Postcode Pricing Model uses changes in average sales price within the WS11 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 | 11.143 % | £47,358 | £472,358 |
| 3 Month Average | -11.178 % | £-47,507 | £377,492 |
| 6 Month Average | -6.724 % | £-28,578 | £396,421 |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 23 Aug 2016.
The average size of a house on GORSEY LANE is 150 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Gorsey Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaks Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatherton Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Hatherton Road |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Hatherton Road |