£364,266
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
Price Paid | Date |
---|---|
£275,000 | 7 Oct 2016 |
£172,000 | 12 Jun 2009 |
£156,000 | 20 Apr 2005 |
£114,000 | 22 Feb 2002 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 915 sq feet |
This model uses changes in the Official Land Registry House Price Index for READING to estimate the market value.
When this house was purchased in October 2016 the House Price Index for READING 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 £275,000 results in an estimated price of approximately £364,266.
7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £275,000 | £89,266 | £364,266 |
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 % | £115,979 | £390,979 |
3 Month Average | 21.517 % | £59,171 | £334,171 |
6 Month Average | 12.450 % | £34,237 | £309,237 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £369,727 | £365,000 | 104 SPENCER ROAD |
26 Apr 2023 | £293,156 | £290,000 | 238 WHITLEY WOOD ROAD |
26 Apr 2023 | £288,102 | £285,000 | 242 WHITLEY WOOD ROAD |
26 Apr 2023 | £288,102 | £285,000 | 240 WHITLEY WOOD ROAD |
24 Mar 2023 | £378,567 | £375,000 | 63 SPENCER ROAD |
This house has a floor area of 85 sq meters or 915 sq feet when measured on 26 Jan 2009. Using an estimated price of £364,267 means this house is valued at £4,281 per sq meter (£397 per sq foot).
The average size of a house on VILLAGE CLOSE is 128 sq meters (1,381 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Awaiting court outcome | On or near Village Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Maying |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodman Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodman Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodman Close |