£617,701
This estimated value is based upon the latest sale price for the house of £465,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £465,000 | 23 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2016 the House Price Index for STAFFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £465,000 results in an estimated price of approximately £617,701.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £465,000 | £152,701 | £617,701 |
The Postcode Pricing Model uses changes in average sales price within the WS13 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 | -12.111 % | £-56,316 | £408,683 |
| 3 Month Average | 5.989 % | £27,850 | £492,850 |
| 6 Month Average | 25.210 % | £117,227 | £582,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2022 | £596,235 | £585,000 | 2 IVANHOE ROAD |
| 11 Mar 2022 | £284,972 | £275,000 | 12 MASEFIELD CLOSE |
| 17 Feb 2022 | £524,347 | £500,000 | 99 BIRMINGHAM ROAD |
| 26 Nov 2021 | £486,681 | £450,000 | 55 BIRMINGHAM ROAD |
| 24 Nov 2021 | £308,231 | £285,000 | 81 BIRMINGHAM ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 23 Jun 2016. Using an estimated price of £617,702 means this house is valued at £4,981 per sq meter (£462 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near St John'S Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near St John'S Close |
| Feb 2024 | Anti-social behaviour | On or near Burns Close | |
| Feb 2024 | Anti-social behaviour | On or near Burns Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cairns Close |