£271,414
This estimated value is based upon the latest sale price for the house of £179,000 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£179,000 | 25 Sep 2014 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 September 2014 the House Price Index for STAFFORDSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £179,000 results in an estimated price of approximately £271,414.
25 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £179,000 | £92,414 | £271,414 |
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 | -2.410 % | £-4,313 | £174,686 |
3 Month Average | 33.499 % | £59,963 | £238,963 |
6 Month Average | 43.204 % | £77,335 | £256,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £315,509 | £307,500 | 5 CHAUCER CLOSE |
17 Nov 2023 | £254,459 | £248,000 | 50 CHAPEL LANE |
21 Aug 2023 | £376,796 | £370,000 | 8 CHAUCER CLOSE |
26 Jun 2023 | £459,202 | £450,000 | 80 CHAPEL LANE |
14 Jun 2023 | £151,537 | £148,500 | 169 UPPER ST JOHN STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Jul 2014. Using an estimated price of £271,414 means this house is valued at £3,933 per sq meter (£365 per sq foot).
The average size of a house on CHAPEL LANE is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Chapel Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |
Jul 2024 | Anti-social behaviour | On or near Upper St John Street |