£609,016
This estimated value is based upon the latest sale price for the house of £600,000 on 17 Nov 2023. 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 Cathedral Rise
More crime details
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| Price Paid | Date |
|---|---|
| £600,000 | 17 Nov 2023 |
| £466,000 | 2 Oct 2023 |
| 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 November 2023 the House Price Index for STAFFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £600,000 results in an estimated price of approximately £609,016.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £600,000 | £9,016 | £609,016 |
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 | -39.644 % | £-237,866 | £362,133 |
| 3 Month Average | -18.554 % | £-111,326 | £488,673 |
| 6 Month Average | -6.642 % | £-39,854 | £560,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £609,016 | £600,000 | 43 GAIA LANE |
| 21 Sep 2023 | £253,238 | £250,000 | 10 PRINCE RUPERTS WAY |
| 29 Nov 2022 | £256,888 | £260,000 | 6 GAIA LANE |
| 14 Nov 2022 | £1,185,638 | £1,200,000 | 17 GAIA LANE |
| 31 Aug 2022 | £422,952 | £424,090 | 22 GAIA LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cathedral Rise |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Beacon Mews |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beacon Mews |
| Mar 2024 | Burglary | Under investigation | On or near Lomax Close |
| Dec 2023 | Anti-social behaviour | On or near Shaw Lane |