£328,396
This estimated value is based upon the latest sale price for the house of £225,000 on 20 May 2015. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £225,000 | 20 May 2015 |
| £164,950 | 15 Dec 2006 |
| £109,000 | 30 Aug 2001 |
| £94,000 | 30 Jun 2000 |
| £46,000 | 18 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2015 the House Price Index for READING was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £225,000 results in an estimated price of approximately £328,396.
| 20 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £225,000 | £103,396 | £328,396 |
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 | 59.535 % | £133,952 | £358,952 |
| 3 Month Average | 49.399 % | £111,148 | £336,148 |
| 6 Month Average | 38.939 % | £87,612 | £312,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2022 | £334,730 | £330,000 | 10 SAMPAGE CLOSE |
| 30 Oct 2020 | £343,127 | £292,500 | 38 FARMERS CLOSE |
| 26 Oct 2020 | £328,463 | £280,000 | 5 WOODMAN CLOSE |
| 17 Jul 2020 | £318,020 | £263,000 | 190 WHITLEY WOOD LANE |
| 21 Jun 2019 | £345,875 | £279,950 | 47 BOB GREEN COURT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Jan 2015. Using an estimated price of £328,396 means this house is valued at £4,156 per sq meter (£386 per sq foot).
The average size of a house on LEXINGTON GROVE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexington Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexington Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexington Grove |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lexington Grove |
| Jan 2024 | Anti-social behaviour | On or near Lexington Grove |