£341,983
This estimated value is based upon the latest sale price for the house of £336,000 on 7 Dec 2023. 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 |
|---|---|
| £336,000 | 7 Dec 2023 |
| Semi-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 December 2023 the House Price Index for WEST BERKSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £336,000 results in an estimated price of approximately £341,983.
| 7 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £336,000 | £5,983 | £341,983 |
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 | -35.430 % | £-119,046 | £216,953 |
| 3 Month Average | -20.267 % | £-68,095 | £267,904 |
| 6 Month Average | -7.430 % | £-24,964 | £311,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £341,984 | £336,000 | 6 CORNWALL CLOSE |
| 29 Nov 2023 | £340,034 | £335,000 | 24 DEVONSHIRE GARDENS |
| 6 Jan 2023 | £849,001 | £853,000 | 3 CAREW CLOSE |
| 18 Oct 2022 | £351,218 | £355,000 | 47 DEVONSHIRE GARDENS |
| 18 Feb 2022 | £458,804 | £437,500 | 2 CORNWALL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near White Lodge Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brierley Place |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warley Rise |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Warley Rise |