£278,914
This estimated value is based upon the latest sale price for the house of £172,500 on 20 Dec 2013. 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 |
|---|---|
| £172,500 | 20 Dec 2013 |
| £189,950 | 12 Oct 2007 |
| £137,000 | 14 Apr 2004 |
| £134,000 | 17 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2013 the House Price Index for READING was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £172,500 results in an estimated price of approximately £278,914.
| 20 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £172,500 | £106,414 | £278,914 |
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 | -5.032 % | £-8,680 | £163,819 |
| 3 Month Average | 49.892 % | £86,064 | £258,564 |
| 6 Month Average | 61.912 % | £106,797 | £279,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £345,305 | £340,000 | 246 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £290,432 | £285,000 | 242 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £295,528 | £290,000 | 238 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £290,432 | £285,000 | 240 WHITLEY WOOD ROAD |
| 13 Jun 2022 | £337,208 | £330,000 | 10 SAMPAGE CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Aug 2020. Using an estimated price of £278,915 means this house is valued at £3,575 per sq meter (£332 per sq foot).
The average size of a house on FARMERS CLOSE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Farmers Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Farmers Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Village Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Village Close |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Village Close |