£1,481,758
This estimated value is based upon the latest sale price for the house of £550,000 on 6 Sep 2002. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 6 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 554 sq meters or 5,963 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 September 2002 the House Price Index for STAFFORDSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £550,000 results in an estimated price of approximately £1,481,758.
| 6 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £550,000 | £931,758 | £1,481,758 |
The Postcode Pricing Model uses changes in average sales price within the WS15 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 | 73.982 % | £406,898 | £956,898 |
| 3 Month Average | 101.127 % | £556,200 | £1,106,200 |
| 6 Month Average | 132.271 % | £727,490 | £1,277,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £977,096 | £960,000 | SEVEN SPRINGS COTTAGE STAFFORD BROOK ROAD |
| 1 Dec 2023 | £458,014 | £450,000 | STANDWELL KINGSLEY WOOD ROAD |
| 3 Jul 2023 | £780,505 | £770,000 | 53 STONEHOUSE ROAD |
| 12 Jan 2023 | £1,244,139 | £1,250,000 | WHITE GABLES KINGSLEY WOOD ROAD |
| 9 Jan 2023 | £378,218 | £380,000 | 2 STAFFORD BROOK ROAD |
This house has a floor area of 554 sq meters or 5,963 sq feet when measured on 18 May 2020. Using an estimated price of £1,481,758 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on PENKRIDGE BANK ROAD is 358 sq meters (3,853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Kingsley Wood Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birches Valley |
| Mar 2024 | Anti-social behaviour | On or near Birches Valley | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Birches Valley |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birches Valley |