£342,032
This estimated value is based upon the latest sale price for the house of £325,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for STOKE-ON-TRENT 1
There has been one burglary within the last year on or near Little Lane
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| Price Paid | Date |
|---|---|
| £325,000 | 21 Jan 2022 |
| £172,000 | 29 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 sq feet |
This model uses changes in the Official Land Registry House Price Index for STOKE-ON-TRENT to estimate the market value.
When this house was purchased in January 2022 the House Price Index for STOKE-ON-TRENT was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £325,000 results in an estimated price of approximately £342,032.
| 21 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £325,000 | £17,032 | £342,032 |
The Postcode Pricing Model uses changes in average sales price within the ST3 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 | 104.310 % | £339,009 | £664,009 |
| 3 Month Average | 5.042 % | £16,385 | £341,385 |
| 6 Month Average | 12.365 % | £40,187 | £365,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £328,537 | £325,000 | 865 LIGHTWOOD ROAD |
| 10 Mar 2023 | £285,692 | £283,000 | HILLSIDE WINDMILL HILL |
| 6 Jan 2023 | £199,062 | £200,000 | SOMERVILLE LIGHTWOOD ROAD |
| 16 Sep 2022 | £441,435 | £445,000 | 823 LIGHTWOOD ROAD |
| 29 Jul 2022 | £421,134 | £420,000 | 855 LIGHTWOOD ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Jul 2021. Using an estimated price of £342,033 means this house is valued at £3,257 per sq meter (£302 per sq foot).
The average size of a house on LIGHTWOOD ROAD is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Little Lane |
| Jan 2024 | Anti-social behaviour | On or near Little Lane | |
| Jan 2024 | Anti-social behaviour | On or near Little Lane | |
| Jan 2024 | Anti-social behaviour | On or near Little Lane | |
| Jan 2024 | Anti-social behaviour | On or near Little Lane |