£325,027
This estimated value is based upon the latest sale price for the house of £63,000 on 6 Jun 1997. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £63,000 | 6 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 sq feet |
This model uses changes in the Official Land Registry House Price Index for READING to estimate the market value.
When this house was purchased in June 1997 the House Price Index for READING was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £63,000 results in an estimated price of approximately £325,027.
| 6 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £63,000 | £262,027 | £325,027 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | 285.146 % | £179,642 | £242,642 |
| 3 Month Average | 441.960 % | £278,434 | £341,434 |
| 6 Month Average | 490.755 % | £309,175 | £372,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £350,383 | £345,000 | 14 SPENCER ROAD |
| 31 Oct 2023 | £182,648 | £178,500 | 22 ASHBY COURT |
| 28 Apr 2023 | £280,242 | £275,000 | FLAT 4 3 TIDMAN ROAD |
| 28 Apr 2023 | £326,099 | £320,000 | 40 HEROES WALK |
| 3 Feb 2023 | £353,360 | £351,000 | 9 SPENCER ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 13 Jul 2018. Using an estimated price of £325,028 means this house is valued at £8,334 per sq meter (£774 per sq foot).
The average size of a house on ASHBY COURT is 51 sq meters (551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ashby Court |
| May 2024 | Violence and sexual offences | Under investigation | On or near Ashby Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Elizabeth Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heroes Walk |