£226,784
This estimated value is based upon the latest sale price for the house of £114,000 on 21 May 2004. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 21 May 2004 |
| £56,000 | 24 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 60 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 May 2004 the House Price Index for STAFFORDSHIRE was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £114,000 results in an estimated price of approximately £226,784.
| 21 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £114,000 | £112,784 | £226,784 |
The Postcode Pricing Model uses changes in average sales price within the WS14 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 | 94.880 % | £108,162 | £222,162 |
| 3 Month Average | 100.972 % | £115,108 | £229,108 |
| 6 Month Average | 90.301 % | £102,943 | £216,943 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Dec 2014.
The average size of a house on CHAPEL LANE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Burns Close | |
| Feb 2024 | Anti-social behaviour | On or near Burns Close | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Chapel Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hardy Place |