£386,856
This estimated value is based upon the latest sale price for the house of £224,000 on 6 May 2011. 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 |
|---|---|
| £224,000 | 6 May 2011 |
| £195,000 | 17 Apr 2003 |
| £53,000 | 30 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 776 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 May 2011 the House Price Index for READING was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £224,000 results in an estimated price of approximately £386,856.
| 6 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £224,000 | £162,856 | £386,856 |
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 | 41.137 % | £92,147 | £316,147 |
| 3 Month Average | 41.152 % | £92,179 | £316,179 |
| 6 Month Average | 56.248 % | £125,995 | £349,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £303,678 | £300,000 | 31 SCHOOL TERRACE |
| 2 Jun 2023 | £288,495 | £285,000 | 146 CHOLMELEY ROAD |
| 18 Nov 2022 | £179,575 | £181,750 | 4 ICARUS COURT SUN STREET |
| 8 Jul 2022 | £280,756 | £280,000 | FIRST FLOOR FLAT 140 CUMBERLAND ROAD |
| 8 Jul 2022 | £280,756 | £280,000 | 140 CUMBERLAND ROAD |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 28 Aug 2009. Using an estimated price of £386,856 means this house is valued at £5,361 per sq meter (£498 per sq foot).
The average size of a house on SCHOOL TERRACE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near School Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near School Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Amity Street |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Amity Street |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Amity Street |