£534,994
This estimated value is based upon the latest sale price for the house of £395,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 29 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 sq feet |
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 April 2016 the House Price Index for WEST BERKSHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £395,000 results in an estimated price of approximately £534,994.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £395,000 | £139,994 | £534,994 |
The Postcode Pricing Model uses changes in average sales price within the RG17 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 | 29.971 % | £118,386 | £513,386 |
| 3 Month Average | 26.452 % | £104,484 | £499,484 |
| 6 Month Average | 29.357 % | £115,961 | £510,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £368,532 | £372,500 | 30 WESSEX CLOSE |
| 22 Aug 2022 | £275,758 | £276,500 | 4 WESTBROOK CLOSE |
| 15 Jul 2022 | £275,742 | £275,000 | 4 CHANTRY MEAD |
| 27 Jun 2022 | £279,449 | £275,500 | 45 CHILTON WAY |
| 23 Jun 2022 | £152,150 | £150,000 | UNIT 1A SMITHAM BRIDGE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 10 Jun 2015. Using an estimated price of £534,994 means this house is valued at £5,515 per sq meter (£512 per sq foot).
The average size of a house on SOMERSET CLOSE is 119 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Wessex Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wessex Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smitham Bridge Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chilton Way |
| Feb 2024 | Anti-social behaviour | On or near Freemans Close |