£324,552
This estimated value is based upon the latest sale price for the house of £268,000 on 22 Jun 2020. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
Price Paid | Date |
---|---|
£268,000 | 22 Jun 2020 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 430 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 June 2020 the House Price Index for READING was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £268,000 results in an estimated price of approximately £324,552.
22 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £268,000 | £56,552 | £324,552 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | -1.837 % | £-4,923 | £263,076 |
3 Month Average | 4.789 % | £12,833 | £280,833 |
6 Month Average | 6.749 % | £18,086 | £286,086 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £319,297 | £315,000 | 56 CHOLMELEY ROAD |
3 Mar 2023 | £242,283 | £240,000 | 9 RIVERSDALE COURT |
28 Oct 2022 | £306,698 | £310,000 | 67 LIVERPOOL ROAD |
11 Mar 2022 | £331,604 | £320,000 | 125 LIVERPOOL ROAD |
21 Feb 2022 | £283,148 | £270,000 | 28 FRESHWATER ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 20 Jan 2020. Using an estimated price of £324,552 means this house is valued at £8,113 per sq meter (£753 per sq foot).
The average size of a house on CHOLMELEY ROAD is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Local resolution | On or near Cholmeley Road |
Feb 2024 | Public order | Under investigation | On or near Riversdale Court |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Riversdale Court |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Riversdale Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Amity Street |