£394,400
This estimated value is based upon the latest sale price for the house of £278,000 on 30 Sep 2015. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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6 Whitley Wood Road, Reading, RG2 8JA
Phone: 01184432312
| Price Paid | Date |
|---|---|
| £278,000 | 30 Sep 2015 |
| £77,950 | 10 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in September 2015 the House Price Index for WOKINGHAM was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £278,000 results in an estimated price of approximately £394,400.
| 30 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £278,000 | £116,400 | £394,400 |
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 | -19.154 % | £-53,248 | £224,751 |
| 3 Month Average | 23.991 % | £66,695 | £344,695 |
| 6 Month Average | 31.521 % | £87,628 | £365,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £1,361,914 | £1,350,000 | 44 FALCON AVENUE |
| 25 Jul 2023 | £179,415 | £177,000 | 12 VALENTINE CLOSE |
| 5 Jul 2023 | £684,209 | £675,000 | 15 LONGCROFT GARDENS |
| 11 Aug 2022 | £199,463 | £200,000 | 11 VALENTINE CLOSE |
| 29 Jul 2022 | £335,904 | £335,000 | 26 FALCON AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Jun 2015. Using an estimated price of £394,400 means this house is valued at £5,258 per sq meter (£488 per sq foot).
The average size of a house on FALCON AVENUE is 127 sq meters (1,376 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Falcon Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falcon Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falcon Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falcon Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Avenue |