£909,441
This estimated value is based upon the latest sale price for the house of £640,000 on 1 Jul 2015. 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 Springhill Park
More crime details
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| Price Paid | Date |
|---|---|
| £640,000 | 1 Jul 2015 |
| £250,000 | 18 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,486 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 July 2015 the House Price Index for STAFFORDSHIRE was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £640,000 results in an estimated price of approximately £909,441.
| 1 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £640,000 | £269,441 | £909,441 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 19.382 % | £124,044 | £764,044 |
| 3 Month Average | 37.370 % | £239,170 | £879,170 |
| 6 Month Average | 39.134 % | £250,457 | £890,457 |
This house has a floor area of 231 sq meters or 2,486 sq feet when measured on 9 Jun 2012.
The average size of a house on SHOWELL LANE is 183 sq meters (1,970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Springhill Park |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springhill Park |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larkswood Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Water Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Water Gardens |