£798,175
This estimated value is based upon the latest sale price for the house of £745,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £745,000 | 20 Dec 2021 |
| £362,000 | 25 Mar 2019 |
| £600,000 | 3 Nov 2015 |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 December 2021 the House Price Index for STAFFORDSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £745,000 results in an estimated price of approximately £798,175.
| 20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £745,000 | £53,175 | £798,175 |
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 | -2.422 % | £-18,047 | £726,952 |
| 3 Month Average | 29.129 % | £217,013 | £962,013 |
| 6 Month Average | 29.693 % | £221,216 | £966,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £399,843 | £395,000 | JERSEY BARN ST MICHAELS ROAD |
| 24 Feb 2023 | £379,744 | £380,000 | 91 IVINSON WAY |
| 24 Feb 2023 | £339,771 | £340,000 | 6 TUNNICLIFFE WAY |
| 26 Jan 2023 | £423,007 | £425,000 | 49 TUNNICLIFFE WAY |
| 30 Sep 2022 | £188,478 | £190,000 | 8 BAMFORD WAY |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 17 Jan 2019. Using an estimated price of £798,176 means this house is valued at £5,393 per sq meter (£501 per sq foot).
The average size of a house on NEW ROAD is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Fradgley Grove |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fradgley Grove |
| Mar 2024 | Burglary | Under investigation | On or near Torrance Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Torrance Grove |
| Mar 2024 | Burglary | Under investigation | On or near Tunnicliffe Way |