£390,439
This estimated value is based upon the latest sale price for the house of £277,500 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £277,500 | 23 Oct 2015 |
| £97,000 | 23 Jul 1998 |
| £77,000 | 16 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 October 2015 the House Price Index for READING was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £277,500 results in an estimated price of approximately £390,439.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £277,500 | £112,939 | £390,439 |
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 | 18.266 % | £50,687 | £328,187 |
| 3 Month Average | 28.904 % | £80,208 | £357,708 |
| 6 Month Average | 29.522 % | £81,924 | £359,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2022 | £334,730 | £330,000 | 10 SAMPAGE CLOSE |
| 10 Jan 2022 | £384,129 | £365,000 | 6 CONINGHAM ROAD |
| 17 Jul 2020 | £318,020 | £263,000 | 190 WHITLEY WOOD LANE |
| 15 Jul 2020 | £338,516 | £279,950 | 4 DREWETT CLOSE |
| 12 Nov 2019 | £364,254 | £297,000 | 21 DREWETT CLOSE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 24 Jul 2014. Using an estimated price of £390,439 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on WHITLEY WOOD LANE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burlingham Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Sampage Close |
| Mar 2024 | Anti-social behaviour | On or near Sampage Close | |
| Mar 2024 | Anti-social behaviour | On or near Sampage Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sampage Close |