£690,591
This estimated value is based upon the latest sale price for the house of £501,000 on 15 Dec 2015. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £501,000 | 15 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2015 the House Price Index for STAFFORDSHIRE was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £501,000 results in an estimated price of approximately £690,591.
| 15 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.0 | 37.843 % | £501,000 | £189,591 | £690,591 |
The Postcode Pricing Model uses changes in average sales price within the DY7 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 | -29.025 % | £-145,416 | £355,583 |
| 3 Month Average | 6.952 % | £34,831 | £535,831 |
| 6 Month Average | 26.373 % | £132,129 | £633,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £455,852 | £450,000 | 29 GREENSFORGE LANE |
| 7 Jul 2023 | £323,056 | £320,000 | 6 WICKET LANE |
| 21 Oct 2022 | £251,265 | £255,000 | 1 LORDS LANE |
| 13 Jul 2022 | £694,062 | £695,000 | HELFORD WOLVERHAMPTON ROAD |
| 1 Jun 2022 | £479,863 | £475,000 | ASHWOOD HOUSE ASHWOOD MARINA ASHWOOD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 9 Sep 2015. Using an estimated price of £690,591 means this house is valued at £4,968 per sq meter (£461 per sq foot).
The average size of a house on GREENSFORGE LANE is 164 sq meters (1,769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gothersley Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gothersley Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gothersley Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wicket Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Headingley Drive |