£207,657
This estimated value is based upon the latest sale price for the house of £143,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,000 | 19 Jun 2015 |
| £135,000 | 25 May 2006 |
| £87,950 | 20 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2015 the House Price Index for STAFFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £143,000 results in an estimated price of approximately £207,657.
| 19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £143,000 | £64,657 | £207,657 |
The Postcode Pricing Model uses changes in average sales price within the WS7 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 | 42.489 % | £60,759 | £203,759 |
| 3 Month Average | 25.573 % | £36,569 | £179,569 |
| 6 Month Average | 37.364 % | £53,429 | £196,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £278,752 | £275,000 | 98 SPINNEY LANE |
| 14 Jul 2023 | £116,569 | £115,000 | 18 LONGFELLOW ROAD |
| 19 Jun 2023 | £171,427 | £169,350 | 58 OAK LANE |
| 29 Mar 2023 | £429,042 | £425,000 | 9 SQUIRRELS HOLLOW |
| 15 Aug 2022 | £284,235 | £285,000 | 2 MASEFIELD CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Jun 2014. Using an estimated price of £207,657 means this house is valued at £2,232 per sq meter (£207 per sq foot).
The average size of a house on OAK LANE is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Lane |
| Jan 2024 | Anti-social behaviour | On or near Oak Lane | |
| Jan 2024 | Anti-social behaviour | On or near Oak Lane | |
| Jan 2024 | Anti-social behaviour | On or near Oak Lane | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oak Lane |