£289,052
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Wearside House, Hazel Road, Reading, RG8 8BB
Phone: 01184432358
Price Paid | Date |
---|---|
£250,000 | 14 Dec 2020 |
£196,000 | 18 Jan 2013 |
£209,995 | 28 Apr 2006 |
Flats/Maisonettes |
Leasehold |
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 December 2020 the House Price Index for WEST BERKSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £250,000 results in an estimated price of approximately £289,052.
14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £250,000 | £39,052 | £289,052 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | -0.495 % | £-1,236 | £248,763 |
3 Month Average | -7.983 % | £-19,956 | £230,043 |
6 Month Average | -10.961 % | £-27,402 | £222,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £408,273 | £402,000 | 42 LONG LANE |
3 Nov 2023 | £255,998 | £249,500 | 14 PRYOR CLOSE |
25 Aug 2023 | £723,041 | £710,000 | 3 WOODTHORNE CLOSE |
7 Mar 2023 | £737,313 | £725,000 | 1 MALYNS WAY |
8 Nov 2022 | £865,951 | £870,000 | 20 CLARENDON RISE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Malyns Way | |
May 2024 | Anti-social behaviour | On or near Malyns Way | |
May 2024 | Anti-social behaviour | On or near Malyns Way | |
Jul 2024 | Other crime | Action to be taken by another organisation | On or near Pryor Close |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pryor Close |