£779,403
This estimated value is based upon the latest sale price for the house of £675,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £675,000 | 27 Nov 2020 |
| £420,000 | 5 Dec 2003 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in November 2020 the House Price Index for WOKINGHAM was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £675,000 results in an estimated price of approximately £779,403.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £675,000 | £104,403 | £779,403 |
The Postcode Pricing Model uses changes in average sales price within the RG7 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 | 6.709 % | £45,284 | £720,284 |
| 3 Month Average | 13.904 % | £93,850 | £768,850 |
| 6 Month Average | 1.727 % | £11,660 | £686,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £557,153 | £550,000 | 1 ALLFREY GROVE |
| 25 Aug 2023 | £694,222 | £690,000 | 1 BRYANT CRESCENT |
| 4 Aug 2023 | £224,364 | £223,000 | 53 BENHAM DRIVE |
| 20 Jul 2023 | £787,449 | £780,000 | 2 HILL VIEW |
| 10 Mar 2023 | £226,223 | £225,000 | 39 BENHAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Hill Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Diana Close |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Basingstoke Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beatty Rise |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beatty Rise |