£317,827
This estimated value is based upon the latest sale price for the house of £255,500 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,500 | 22 Jun 2018 |
| £182,500 | 27 Nov 2013 |
| £62,000 | 1 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for BERKSHIRE to estimate the market value.
When this house was purchased in June 2018 the House Price Index for BERKSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £255,500 results in an estimated price of approximately £317,827.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £255,500 | £62,327 | £317,827 |
The Postcode Pricing Model uses changes in average sales price within the RG19 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 | -5.533 % | £-14,135 | £241,364 |
| 3 Month Average | 2.271 % | £5,801 | £261,301 |
| 6 Month Average | 4.665 % | £11,918 | £267,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £302,648 | £300,000 | 19 THE MALTINGS |
| 11 Aug 2023 | £327,868 | £325,000 | 17 THE MALTINGS |
| 19 Apr 2023 | £283,048 | £280,000 | 11 THE MALTINGS |
| 24 Feb 2023 | £269,818 | £270,000 | 13 THE MALTINGS |
| 7 Nov 2022 | £363,596 | £368,000 | 1 JOHN HUNT CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 9 Jan 2018. Using an estimated price of £317,827 means this house is valued at £5,885 per sq meter (£546 per sq foot).
The average size of a house on GRIFFITHS CLOSE is 81 sq meters (882 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thompson Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thompson Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thompson Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turners Drive |
| Jan 2024 | Burglary | Under investigation | On or near Heardman Close |