£775,601
This estimated value is based upon the latest sale price for the house of £227,000 on 29 Jun 2001. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Wearside House, Hazel Road, Reading, RG8 8BB
Phone: 01184432358
| Price Paid | Date |
|---|---|
| £227,000 | 29 Jun 2001 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in June 2001 the House Price Index for WEST BERKSHIRE was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £227,000 results in an estimated price of approximately £775,601.
| 29 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £227,000 | £548,601 | £775,601 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | 146.861 % | £333,374 | £560,374 |
| 3 Month Average | 134.065 % | £304,327 | £531,327 |
| 6 Month Average | 122.436 % | £277,929 | £504,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £416,398 | £410,000 | 11 SIMONS CLOSE |
| 1 Nov 2023 | £559,195 | £545,000 | 20 SIMONS CLOSE |
| 1 Jun 2022 | £367,863 | £360,000 | 16 HUSCARLE WAY |
| 10 May 2022 | £611,942 | £596,000 | 19 KERNHAM DRIVE |
| 12 Nov 2021 | £550,207 | £505,000 | 22 KERNHAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Menpes Road | |
| Jun 2024 | Anti-social behaviour | On or near Menpes Road | |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kernham Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kernham Drive |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kernham Drive |