£794,140
This estimated value is based upon the latest sale price for the house of £272,500 on 16 May 2002. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Wearside House, Hazel Road, Reading, RG8 8BB
Phone: 01184432358
| Price Paid | Date |
|---|---|
| £272,500 | 16 May 2002 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in May 2002 the House Price Index for WEST BERKSHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £272,500 results in an estimated price of approximately £794,140.
| 16 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £272,500 | £521,640 | £794,140 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | 79.027 % | £215,349 | £487,849 |
| 3 Month Average | 88.045 % | £239,922 | £512,422 |
| 6 Month Average | 128.474 % | £350,092 | £622,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2022 | £607,446 | £596,000 | 19 KERNHAM DRIVE |
| 4 Mar 2022 | £652,845 | £630,000 | 1 GOODLIFFE GARDENS |
| 12 Nov 2021 | £546,165 | £505,000 | 22 KERNHAM DRIVE |
| 31 Aug 2021 | £585,698 | £525,000 | 6 MYRTLE CLOSE |
| 18 Jun 2021 | £241,408 | £225,000 | 29 CONDOR CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Goodliffe Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goodliffe Gardens |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Kernham Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kernham Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Kernham Drive |