£312,572
This estimated value is based upon the latest sale price for the house of £142,500 on 18 Dec 2003. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Drewett Close
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5 School Green, Shinfield, Reading, RG2 9EE
Phone: 01189099792
Price Paid | Date |
---|---|
£142,500 | 18 Dec 2003 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 December 2003 the House Price Index for WOKINGHAM was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £142,500 results in an estimated price of approximately £312,572.
18 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £142,500 | £170,072 | £312,572 |
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 | 26.015 % | £37,071 | £179,571 |
3 Month Average | 96.309 % | £137,240 | £279,740 |
6 Month Average | 107.174 % | £152,722 | £295,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £375,773 | £370,000 | 359 OLD WHITLEY WOOD LANE |
20 Oct 2023 | £286,507 | £280,000 | 16 FALMOUTH ROAD |
7 Jun 2023 | £739,826 | £725,000 | 3 SALMOND ROAD |
29 Jul 2022 | £540,415 | £535,000 | 8 SALMOND ROAD |
21 Apr 2022 | £437,792 | £422,000 | 11 FALMOUTH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Feb 2019. Using an estimated price of £312,572 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on DREWETT CLOSE is 100 sq meters (1,078 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Drewett Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drewett Close |