£421,261
This estimated value is based upon the latest sale price for the house of £415,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £415,000 | 27 May 2022 |
| £362,500 | 7 Feb 2020 |
| £232,500 | 4 Apr 2013 |
| £200,000 | 27 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 674 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in May 2022 the House Price Index for WEST BERKSHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £415,000 results in an estimated price of approximately £421,261.
| 27 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £415,000 | £6,261 | £421,261 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 21.153 % | £87,784 | £502,784 |
| 3 Month Average | -8.168 % | £-33,897 | £381,102 |
| 6 Month Average | 3.359 % | £13,940 | £428,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £383,188 | £385,000 | 53 THE OAKS |
| 9 Sep 2022 | £316,155 | £320,000 | 137 THE OAKS |
| 27 May 2022 | £421,262 | £415,000 | 12 MONKS LANE |
| 5 Apr 2022 | £723,077 | £705,000 | 30 MONKS LANE |
| 21 Jan 2022 | £298,725 | £285,000 | 125 THE OAKS |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 6 Jan 2012. Using an estimated price of £421,262 means this house is valued at £6,725 per sq meter (£624 per sq foot).
The average size of a house on MONKS LANE is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Oaks |
| Apr 2024 | Other crime | Under investigation | On or near The Oaks |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Oaks |
| Mar 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near The Oaks |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Oaks |