£302,724
This estimated value is based upon the latest sale price for the house of £175,000 on 28 Feb 2011. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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Price Paid | Date |
---|---|
£175,000 | 28 Feb 2011 |
Detached |
Freehold |
Floor Area: 74 sq meters or 804 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 February 2011 the House Price Index for STAFFORDSHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £175,000 results in an estimated price of approximately £302,724.
28 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 72.985 % | £175,000 | £127,724 | £302,724 |
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 | 76.262 % | £133,458 | £308,458 |
3 Month Average | 53.236 % | £93,162 | £268,162 |
6 Month Average | 64.243 % | £112,424 | £287,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £492,502 | £480,000 | 7 MILLBRIDGE CLOSE |
23 Jun 2023 | £510,220 | £499,995 | 4 OAKHURST CRESCENT |
14 Nov 2022 | £179,162 | £180,000 | 12 CHERVIL CLOSE |
21 Oct 2022 | £179,401 | £180,000 | 92 GRINDLEY LANE |
11 May 2021 | £173,606 | £152,500 | 6 BIRKHOLME DRIVE |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 3 Feb 2011. Using an estimated price of £302,724 means this house is valued at £4,049 per sq meter (£376 per sq foot).
The average size of a house on GRINDLEY LANE is 122 sq meters (1,317 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Birkholme Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Birkholme Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Birkholme Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sevenoaks Grove |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sevenoaks Grove |