£325,446
This estimated value is based upon the latest sale price for the house of £82,950 on 29 Feb 2000. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,950 | 29 Feb 2000 |
| Semi-Detached |
| Freehold |
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 February 2000 the House Price Index for STAFFORDSHIRE was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £82,950 results in an estimated price of approximately £325,446.
| 29 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £82,950 | £242,496 | £325,446 |
The Postcode Pricing Model uses changes in average sales price within the WV8 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 | 182.723 % | £151,569 | £234,519 |
| 3 Month Average | 148.697 % | £123,344 | £206,294 |
| 6 Month Average | 182.241 % | £151,168 | £234,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £221,882 | £218,000 | 50 RAVENHILL DRIVE |
| 14 Sep 2022 | £274,781 | £277,000 | 71 RAVENHILL DRIVE |
| 31 Aug 2022 | £231,377 | £232,000 | 70 RAVENHILL DRIVE |
| 22 Jun 2022 | £263,676 | £259,950 | 9 CHADWELL GARDENS |
| 20 Jan 2022 | £494,632 | £470,000 | 16A WOLVERHAMPTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gorsty Hayes |
| Mar 2024 | Anti-social behaviour | On or near Gorsty Hayes | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gorsty Hayes |
| Feb 2024 | Other theft | Under investigation | On or near Gorsty Hayes |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wolverhampton Road |