12 BARRACK CLOSE

£149,343

Full Address

12 BARRACK CLOSE
TELFORD
WREKIN
UNITED KINGDOM
TF3 5HS

Estimated Market Value

£149,343

This estimated value is based upon the latest sale price for the house of £120,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for WREKIN 1

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Transactions for this house
Price PaidDate
£120,00015 Mar 2019
£117,0009 Jan 2014
House Details
Terraced
Freehold
Floor Area: 65 sq meters or 699 sq feet

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for WREKIN to estimate the market value.

When this house was purchased in March 2019 the House Price Index for WREKIN was 120.3.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.

Applying this 24.453% change to the original purchase price of £120,000 results in an estimated price of approximately £149,343.

15 Mar 2019 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
120.3 149.7 24.453 % £120,000 £29,343 £149,343

The Postcode Pricing Model uses changes in average sales price within the TF3 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 18.642 % £22,370 £142,370
3 Month Average 30.415 % £36,498 £156,498
6 Month Average 8.367 % £10,040 £130,040
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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