THE MALTHOUSE FLAT 29 CAIRNS CLOSE

£229,436

Full Address

THE MALTHOUSE FLAT 29 CAIRNS CLOSE
LICHFIELD
STAFFORDSHIRE
UNITED KINGDOM
WS14 9TP

Estimated Market Value

£229,436

This estimated value is based upon the latest sale price for the house of £231,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1

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Transactions for this house
Price PaidDate
£231,00030 Aug 2023
£190,00015 Dec 2021
£233,99527 Mar 2015
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 August 2023 the House Price Index for STAFFORDSHIRE was 147.7.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.

Applying this -0.677% change to the original purchase price of £231,000 results in an estimated price of approximately £229,436.

30 Aug 2023 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
147.7 146.7 -0.677 % £231,000 £-1,563 £229,436

The Postcode Pricing Model uses changes in average sales price within the WS14 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 44.094 % £101,856 £332,856
3 Month Average 4.593 % £10,609 £241,609
6 Month Average 7.420 % £17,141 £248,141
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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