£423,873
This estimated value is based upon the latest sale price for the house of £320,000 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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5 School Green, Shinfield, Reading, RG2 9EE
Phone: 01189099792
| Price Paid | Date |
|---|---|
| £320,000 | 3 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2016 the House Price Index for WOKINGHAM was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £320,000 results in an estimated price of approximately £423,873.
| 3 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £320,000 | £103,873 | £423,873 |
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 | 42.174 % | £134,957 | £454,957 |
| 3 Month Average | 21.517 % | £68,854 | £388,854 |
| 6 Month Average | 12.450 % | £39,840 | £359,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £733,890 | £725,000 | 3 SALMOND ROAD |
| 29 Jul 2022 | £536,444 | £535,000 | 8 SALMOND ROAD |
| 10 Jan 2022 | £384,129 | £365,000 | 6 CONINGHAM ROAD |
| 8 Nov 2021 | £486,681 | £450,000 | 10 CONINGHAM ROAD |
| 28 Jun 2021 | £852,975 | £795,000 | 11 PATTINSON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Jul 2016. Using an estimated price of £423,874 means this house is valued at £4,986 per sq meter (£463 per sq foot).
The average size of a house on OLD WHITLEY WOOD LANE is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Drewett Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Drewett Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drewett Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Whitley Wood Lane |