£370,670
This estimated value is based upon the latest sale price for the house of £335,000 on 27 Oct 2021. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Supermarket
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £335,000 | 27 Oct 2021 |
| £220,000 | 26 Jul 2007 |
| Semi-Detached |
| Freehold |
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 2021 the House Price Index for READING was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £335,000 results in an estimated price of approximately £370,670.
| 27 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £335,000 | £35,670 | £370,670 |
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 | -2.233 % | £-7,480 | £327,519 |
| 3 Month Average | 4.028 % | £13,494 | £348,494 |
| 6 Month Average | -1.259 % | £-4,216 | £330,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £345,000 | £345,000 | 14 SPENCER ROAD |
| 7 Jul 2023 | £177,387 | £175,000 | 20 ASHBY COURT |
| 28 Apr 2023 | £277,993 | £275,000 | FLAT 4 3 TIDMAN ROAD |
| 3 Feb 2023 | £350,764 | £351,000 | 9 SPENCER ROAD |
| 28 Jun 2022 | £119,691 | £118,000 | FLAT 5 7 TIDMAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Local resolution | On or near Supermarket |