£1,525,527
This estimated value is based upon the latest sale price for the house of £1,000,000 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £1,000,000 | 14 Aug 2014 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in August 2014 the House Price Index for HAMPSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,525,527.
| 14 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £1,000,000 | £525,527 | £1,525,527 |
The Postcode Pricing Model uses changes in average sales price within the RG27 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 | 18.162 % | £181,623 | £1,181,623 |
| 3 Month Average | 22.049 % | £220,486 | £1,220,486 |
| 6 Month Average | 39.558 % | £395,577 | £1,395,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £1,026,045 | £1,000,000 | OLD POST OFFICE HOUSE READING ROAD |
| 28 Apr 2023 | £448,387 | £440,000 | 9 HUDSONS MEADOW |
| 23 Feb 2023 | £1,459,751 | £1,450,000 | GREEN PARK READING ROAD |
| 3 Feb 2023 | £2,114,122 | £2,100,000 | GRENDON HOUSE BOTTLE LANE |
| 23 Jan 2023 | £466,246 | £465,000 | 3 HOUND GREEN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Bottle Lane |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Red Hill |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Reading Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Reading Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Reading Road |