£538,673
This estimated value is based upon the latest sale price for the house of £525,000 on 10 Nov 2023. 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 |
|---|---|
| £525,000 | 10 Nov 2023 |
| £178,058 | 16 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 235 sq meters or 2,529 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 November 2023 the House Price Index for WOKINGHAM was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £525,000 results in an estimated price of approximately £538,673.
| 10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £525,000 | £13,673 | £538,673 |
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 | -39.404 % | £-206,868 | £318,131 |
| 3 Month Average | 2.648 % | £13,900 | £538,900 |
| 6 Month Average | 2.845 % | £14,938 | £539,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £345,800 | £345,800 | 308 OLD WHITLEY WOOD LANE |
| 28 Mar 2024 | £375,773 | £370,000 | 359 OLD WHITLEY WOOD LANE |
| 10 Nov 2023 | £538,674 | £525,000 | 5 LONGMORE ROAD |
| 7 Jun 2023 | £739,826 | £725,000 | 3 SALMOND ROAD |
| 29 Jul 2022 | £540,415 | £535,000 | 8 SALMOND ROAD |
This house has a floor area of 235 sq meters or 2,529 sq feet when measured on 29 Jul 2014. Using an estimated price of £538,674 means this house is valued at £2,292 per sq meter (£212 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Babbington Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pattinson Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pattinson Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Whitley Wood Lane |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Whitley Wood Lane |