£642,896
This estimated value is based upon the latest sale price for the house of £397,500 on 30 Mar 2007. 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 Broad Lane
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Price Paid | Date |
---|---|
£397,500 | 30 Mar 2007 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,582 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 March 2007 the House Price Index for STAFFORDSHIRE was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £397,500 results in an estimated price of approximately £642,896.
30 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £397,500 | £245,396 | £642,896 |
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 | 33.890 % | £134,713 | £532,213 |
3 Month Average | 52.036 % | £206,841 | £604,341 |
6 Month Average | 47.100 % | £187,221 | £584,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £508,904 | £500,000 | 17 HOLYWELL RISE |
22 Sep 2023 | £597,641 | £590,000 | 2 RICHMOND DRIVE |
14 Jul 2023 | £493,644 | £487,000 | 6 HOLYWELL RISE |
31 Mar 2023 | £484,565 | £480,000 | 33 BROAD LANE |
17 Dec 2021 | £546,402 | £510,000 | 7 HOLYWELL RISE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 5 Jun 2020. Using an estimated price of £642,896 means this house is valued at £4,373 per sq meter (£406 per sq foot).
The average size of a house on BALMORAL CLOSE is 169 sq meters (1,824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Broad Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Seward Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Seward Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Flinn Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Minors Hill |