£324,386
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 8 Apr 2022 |
| £192,500 | 11 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for SHROPSHIRE to estimate the market value.
When this house was purchased in April 2022 the House Price Index for SHROPSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £315,000 results in an estimated price of approximately £324,386.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £315,000 | £9,386 | £324,386 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | -6.818 % | £-21,477 | £293,522 |
| 3 Month Average | -23.112 % | £-72,802 | £242,197 |
| 6 Month Average | 12.448 % | £39,211 | £354,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £203,562 | £200,000 | 6 PRESTAGE CLOSE |
| 1 Dec 2023 | £188,295 | £185,000 | 27 GUEST ROAD |
| 28 Feb 2023 | £300,798 | £301,000 | 4 POUND CRESCENT |
| 1 Jun 2022 | £355,017 | £350,000 | 2 CAUGHLEY CLOSE |
| 8 Apr 2022 | £324,387 | £315,000 | 12 TARBACH CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Dec 2021. Using an estimated price of £324,387 means this house is valued at £3,488 per sq meter (£324 per sq foot).
The average size of a house on TARBACH CLOSE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Tarbach Close | |
| Jan 2024 | Burglary | Under investigation | On or near Riddings Close |
| Jan 2024 | Drugs | Local resolution | On or near Prestage Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bright Grove |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Drive |