£119,446
This estimated value is based upon the latest sale price for the house of £118,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 16 Jun 2023 |
| £117,000 | 14 Mar 2019 |
| £112,000 | 5 Jul 2013 |
| £181,950 | 20 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 June 2023 the House Price Index for STAFFORDSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £118,000 results in an estimated price of approximately £119,446.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £118,000 | £1,446 | £119,446 |
The Postcode Pricing Model uses changes in average sales price within the ST14 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 | -33.618 % | £-39,669 | £78,330 |
| 3 Month Average | -0.428 % | £-504 | £117,495 |
| 6 Month Average | -3.012 % | £-3,553 | £114,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £102,000 | £102,000 | 37 MELLOR LODGE TOWN MEADOWS WAY |
| 29 Sep 2023 | £116,489 | £115,000 | 7 MELLOR LODGE TOWN MEADOWS WAY |
| 28 Sep 2023 | £121,554 | £120,000 | 15 MELLOR LODGE TOWN MEADOWS WAY |
| 7 Sep 2023 | £119,022 | £117,500 | 6 MELLOR LODGE TOWN MEADOWS WAY |
| 19 Jun 2023 | £124,002 | £122,500 | 32 CHAMBERLAIN CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Aug 2021. Using an estimated price of £119,447 means this house is valued at £2,059 per sq meter (£191 per sq foot).
The average size of a house on TOWN MEADOWS WAY is 55 sq meters (598 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Drugs | Local resolution | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chamberlain Close |