£260,042
This estimated value is based upon the latest sale price for the house of £167,000 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 25 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 April 2014 the House Price Index for STAFFORDSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £167,000 results in an estimated price of approximately £260,042.
| 25 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £167,000 | £93,042 | £260,042 |
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 | 45.528 % | £76,031 | £243,031 |
| 3 Month Average | 46.797 % | £78,150 | £245,150 |
| 6 Month Average | 48.049 % | £80,242 | £247,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £268,432 | £265,000 | 5 CHURCH HILL |
| 23 Jan 2023 | £1,991 | £2,000 | 10 SEDGLEY ROAD |
| 17 Jan 2023 | £290,631 | £292,000 | 2 WHEATHILL CLOSE |
| 12 Aug 2022 | £339,586 | £340,500 | 4 PETERDALE DRIVE |
| 8 Jul 2022 | £516,390 | £515,000 | 62 CHURCH HILL |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Dec 2013. Using an estimated price of £260,042 means this house is valued at £2,626 per sq meter (£244 per sq foot).
The average size of a house on SEDGLEY ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Sedgley Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sedgley Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sedgley Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sedgley Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wheathill Close |