£526,097
This estimated value is based upon the latest sale price for the house of £407,000 on 5 Apr 2017. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Mill Close
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The Oaks, Roundabout Lane, Winnersh, RG41 5AE
Phone: 01184438710
| Price Paid | Date |
|---|---|
| £407,000 | 5 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 sq feet |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in April 2017 the House Price Index for WOKINGHAM was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £407,000 results in an estimated price of approximately £526,097.
| 5 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £407,000 | £119,097 | £526,097 |
The Postcode Pricing Model uses changes in average sales price within the RG41 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 | 6.303 % | £25,652 | £432,652 |
| 3 Month Average | 22.830 % | £92,918 | £499,918 |
| 6 Month Average | 9.887 % | £40,241 | £447,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £422,390 | £415,000 | 64 VALLEY CRESCENT |
| 10 Nov 2023 | £340,034 | £335,000 | 18 MILL CLOSE |
| 9 Nov 2023 | £507,514 | £500,000 | 12 BROOK CLOSE |
| 28 Mar 2023 | £630,692 | £624,750 | 202 CLIFTON ROAD |
| 13 Feb 2023 | £375,747 | £376,000 | 31 MILL CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Nov 2016. Using an estimated price of £526,098 means this house is valued at £6,117 per sq meter (£568 per sq foot).
The average size of a house on CLIFTON ROAD is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mill Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |