£308,636
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Nov 2015. 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 |
|---|---|
| £220,000 | 13 Nov 2015 |
| £150,000 | 9 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 November 2015 the House Price Index for READING was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £220,000 results in an estimated price of approximately £308,636.
| 13 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £220,000 | £88,636 | £308,636 |
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 | -1.851 % | £-4,072 | £215,927 |
| 3 Month Average | 17.504 % | £38,509 | £258,509 |
| 6 Month Average | 20.821 % | £45,807 | £265,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £284,903 | £283,000 | FLAT 2 THE PINNACLE KINGS ROAD |
| 14 Oct 2022 | £249,168 | £250,000 | FLAT 21 THE PINNACLE KINGS ROAD |
| 12 Sep 2022 | £260,826 | £261,000 | 7 VICTORIA WAY |
| 12 May 2022 | £239,232 | £233,000 | FLAT 23 THE PINNACLE KINGS ROAD |
| 26 Jan 2022 | £355,166 | £335,000 | 6 KINGSGATE STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 13 Dec 2019. Using an estimated price of £308,637 means this house is valued at £4,473 per sq meter (£415 per sq foot).
The average size of a house on ORTS ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orts Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Walk |
| Jul 2024 | Anti-social behaviour | On or near Rupert Street | |
| Jul 2024 | Burglary | Under investigation | On or near Rupert Street |
| Jun 2024 | Anti-social behaviour | On or near Rupert Street |