£192,560
This estimated value is based upon the latest sale price for the house of £156,260 on 3 Oct 2018. This value is then adjusted by the current Official House Price Index for READING 1
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
| Price Paid | Date |
|---|---|
| £156,260 | 3 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2018 the House Price Index for READING was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £156,260 results in an estimated price of approximately £192,560.
| 3 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £156,260 | £36,300 | £192,560 |
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 | 8.881 % | £13,877 | £170,137 |
| 3 Month Average | -0.761 % | £-1,189 | £155,070 |
| 6 Month Average | 4.521 % | £7,065 | £163,325 |
| 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 |
| 10 Dec 2021 | £321,413 | £300,000 | 143 LIVERPOOL ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Apr 2019. Using an estimated price of £192,561 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on CHOLMELEY ROAD is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Local resolution | On or near Cholmeley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Amity Street |