£624,151
This estimated value is based upon the latest sale price for the house of £499,950 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £499,950 | 27 Jul 2018 |
| £333,500 | 28 Sep 2007 |
| £253,500 | 3 Dec 2004 |
| £132,000 | 1 Jul 1998 |
| Semi-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 July 2018 the House Price Index for WEST BERKSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £499,950 results in an estimated price of approximately £624,151.
| 27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £499,950 | £124,201 | £624,151 |
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 | -22.299 % | £-111,483 | £388,466 |
| 3 Month Average | 25.557 % | £127,771 | £627,721 |
| 6 Month Average | 27.998 % | £139,974 | £639,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £371,260 | £372,500 | 30 WESSEX CLOSE |
| 22 Aug 2022 | £277,799 | £276,500 | 4 WESTBROOK CLOSE |
| 15 Jul 2022 | £277,783 | £275,000 | 4 CHANTRY MEAD |
| 27 Jun 2022 | £281,518 | £275,500 | 45 CHILTON WAY |
| 23 Jun 2022 | £153,276 | £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 4 Mar 2013. Using an estimated price of £624,152 means this house is valued at £6,434 per sq meter (£597 per sq foot).
The average size of a house on SOMERSET CLOSE is 119 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near Somerset Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wessex Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chantry Mead |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westbrook Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wiltshire Close |