£396,209
This estimated value is based upon the latest sale price for the house of £227,500 on 3 Oct 2011. 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 |
---|---|
£227,500 | 3 Oct 2011 |
£212,000 | 17 Jul 2006 |
Detached |
Freehold |
Floor Area: 88 sq meters or 948 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 2011 the House Price Index for READING was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £227,500 results in an estimated price of approximately £396,209.
3 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £227,500 | £168,709 | £396,209 |
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 | 25.673 % | £58,405 | £285,905 |
3 Month Average | 82.564 % | £187,832 | £415,332 |
6 Month Average | 92.989 % | £211,550 | £439,050 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £266,772 | £260,000 | 90 WHITLEY WOOD LANE |
10 Nov 2023 | £420,679 | £410,000 | 173 WHITLEY WOOD LANE |
25 Aug 2023 | £359,484 | £353,000 | 30 SALFORD CLOSE |
9 Jun 2023 | £372,464 | £365,000 | 49 WHITLEY WOOD LANE |
9 Jun 2023 | £389,812 | £382,000 | 70 WHITLEY WOOD LANE |
This house has a floor area of 88 sq meters or 948 sq feet when measured on 12 Sep 2011. Using an estimated price of £396,210 means this house is valued at £4,497 per sq meter (£417 per sq foot).
The average size of a house on WHITLEY WOOD LANE is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Otter Court |
Jul 2024 | Anti-social behaviour | On or near Salford Close | |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Studland Close |
May 2024 | Other crime | Under investigation | On or near Studland Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Poldark Place |