£571,150
This estimated value is based upon the latest sale price for the house of £212,000 on 3 Sep 2002. 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 |
|---|---|
| £212,000 | 3 Sep 2002 |
| 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 September 2002 the House Price Index for WEST BERKSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £212,000 results in an estimated price of approximately £571,150.
| 3 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £212,000 | £359,150 | £571,150 |
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 | 58.362 % | £123,727 | £335,727 |
| 3 Month Average | 66.119 % | £140,172 | £352,172 |
| 6 Month Average | 115.075 % | £243,959 | £455,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £340,034 | £335,000 | 24 DEVONSHIRE GARDENS |
| 29 Jun 2023 | £430,211 | £425,000 | 7 LYTHAM END |
| 29 Nov 2022 | £345,811 | £350,000 | 14 ADDISCOMBE CHASE |
| 18 Oct 2022 | £351,218 | £355,000 | 47 DEVONSHIRE GARDENS |
| 30 Jun 2021 | £659,848 | £615,000 | 42 WHITE LODGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rosemead Avenue |
| Apr 2024 | Anti-social behaviour | On or near Long Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Long Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Long Lane |
| Feb 2024 | Possession of weapons | Action to be taken by another organisation | On or near Long Lane |