8, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW is a leasehold flat built between 1950-1966. The property offers approximately 527 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £130,852 , which equates to approximately £248 per square foot. It was last sold on 22 Oct 2021 for £120,000. Since then, the value has increased by £10,852, representing a 9.0% increase, or approximately 2.2% per year.

The current estimated value of £130,852 is:

  • 60.5% lower than the average property price on Salt Works Lane
  • 58.9% lower than the average in the ST18 0LW postcode area
  • and 52.3% lower than the average price for Stafford as a whole

At the most recent EPC inspection on 27 November 2022, the property was recorded as rented.

View sold house prices in ST18 0LW

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£130,852
Price Per sq ft (estimate)
£248
Bedroom Count (estimate)
1 bedroom

EPC Summary

8, Penstock House Salt Works Lane, Weston, Stafford, Staffordshire, ST18 0LW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Nov 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Feb 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 20.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to electric instantaneous at point of use, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from average thermal transmittance 0.14 w/m?k to pitched, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The wall construction or insulation changed from average thermal transmittance 0.31 w/m?k to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to ST18 0LW

24 th / 25
Price Rank
59% lower than average
23 rd / 25
Size Rank
50% smaller than average
22 nd / 25
Price Per Sq FT Rank
17% lower than average

Compared to other properties in ST18 0LW , this flat's estimated value ranks 24th out of 25. Based on price per square foot, it ranks 22th out of 25 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 23th out of 25 properties in its postcode area.

Sale History

Today
£130,852
streetscan.co.uk estimate
+9 %
22 Oct 2021
£120,000
Leasehold
+5.3 %
17 Jul 2015
£114,000
Leasehold

Area Insights

Nearby Properties

2, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW
rooms:
size: 530 sq ft
sale price: £116,500
sale date: 31 Jan 2022
4, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW
rooms:
size: 530 sq ft
sale price: £109,995
sale date: 24 Feb 2012
12, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW
rooms: 3
size: 678 sq ft
sale price: £138,500
sale date: 17 Sep 2021
6, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW
rooms:
size: 683 sq ft
sale price: £140,000
sale date: 6 Sep 2021
10, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW
rooms:
size: 530 sq ft
sale price: £95,500
sale date: 27 Jul 2021

Data Sources

The property at 8, Penstock House Salt Works Lane, Weston, Stafford, ST18 0LW appears two times in the Land Registry records, with the latest transaction recorded on 22 Oct 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Nov 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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