£556,489
This estimated value is based upon the latest sale price for the house of £480,000 on 16 Nov 2020. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 16 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 211 sq meters or 2,271 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 November 2020 the House Price Index for STAFFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £480,000 results in an estimated price of approximately £556,489.
| 16 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £480,000 | £76,489 | £556,489 |
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 | -16.180 % | £-77,663 | £402,336 |
| 3 Month Average | -2.219 % | £-10,649 | £469,350 |
| 6 Month Average | 7.651 % | £36,723 | £516,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £280,403 | £277,950 | 478 LIGHTWOOD ROAD |
| 1 Jun 2023 | £208,526 | £206,000 | 9 STARWOOD ROAD |
| 8 Jul 2022 | £300,810 | £300,000 | 1 WOODPARK LANE |
| 24 Jun 2022 | £240,397 | £237,000 | 4 STARWOOD ROAD |
| 1 Apr 2022 | £211,109 | £205,000 | 31 STARWOOD ROAD |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 7 Oct 2020. Using an estimated price of £556,490 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on WOODPARK LANE is 125 sq meters (1,354 sq feet).
This house is the largest in the street with a floor area of 211 sq meters (2,271 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Fir Tree Road | |
| Dec 2023 | Anti-social behaviour | On or near Fir Tree Road | |
| Dec 2023 | Anti-social behaviour | On or near Fir Tree Road | |
| Dec 2023 | Anti-social behaviour | On or near Fir Tree Road | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Starwood Road |