£981,459
This estimated value is based upon the latest sale price for the house of £190,000 on 30 May 1997. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 May 1997 |
| 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 May 1997 the House Price Index for STAFFORDSHIRE was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £190,000 results in an estimated price of approximately £981,459.
| 30 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £190,000 | £791,459 | £981,459 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 260.141 % | £494,267 | £684,267 |
| 3 Month Average | 314.218 % | £597,014 | £787,014 |
| 6 Month Average | 330.383 % | £627,728 | £817,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £334,959 | £330,000 | IVYDENE RADFORD LANE |
| 3 Apr 2023 | £298,211 | £295,000 | 9 MARKET LANE |
| 5 Aug 2022 | £498,658 | £500,000 | SHELFIELDS PENSTONE LANE |
| 20 May 2022 | £433,162 | £425,000 | CHERRY ACRES PENSTONE LANE |
| 24 Mar 2022 | £626,939 | £605,000 | STANWIX PENSTONE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Market Lane |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Penstone Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Dirtyfoot Lane |
| Feb 2024 | Anti-social behaviour | On or near Flash Lane | |
| Feb 2024 | Anti-social behaviour | On or near Flash Lane |