£140,548
This estimated value is based upon the latest sale price for the house of £45,000 on 31 Jan 2002. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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6 Whitley Wood Road, Reading, RG2 8JA
Phone: 01184432312
| Price Paid | Date |
|---|---|
| £45,000 | 31 Jan 2002 |
| £19,500 | 14 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 443 sq feet |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in January 2002 the House Price Index for WOKINGHAM was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £45,000 results in an estimated price of approximately £140,548.
| 31 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £45,000 | £95,548 | £140,548 |
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 | 169.248 % | £76,161 | £121,161 |
| 3 Month Average | 170.574 % | £76,758 | £121,758 |
| 6 Month Average | 167.525 % | £75,386 | £120,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £1,361,914 | £1,350,000 | 44 FALCON AVENUE |
| 25 Jul 2023 | £179,415 | £177,000 | 12 VALENTINE CLOSE |
| 5 Jul 2023 | £684,209 | £675,000 | 15 LONGCROFT GARDENS |
| 11 Aug 2022 | £199,463 | £200,000 | 11 VALENTINE CLOSE |
| 29 Jul 2022 | £335,904 | £335,000 | 26 FALCON AVENUE |
This house has a floor area of 41 sq meters or 443 sq feet when measured on 30 Mar 2009. Using an estimated price of £140,548 means this house is valued at £3,413 per sq meter (£317 per sq foot).
The average size of a house on VALENTINE CLOSE is 44 sq meters (476 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Falcon Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falcon Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falcon Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Valentine Close |