£311,662
This estimated value is based upon the latest sale price for the house of £305,000 on 10 Jun 2022. 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 |
|---|---|
| £305,000 | 10 Jun 2022 |
| £205,000 | 30 Jan 2015 |
| £149,000 | 27 Apr 2005 |
| £53,950 | 6 Sep 1996 |
| Terraced |
| Freehold |
| 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 June 2022 the House Price Index for READING was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £305,000 results in an estimated price of approximately £311,662.
| 10 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £305,000 | £6,662 | £311,662 |
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 | 4.376 % | £13,348 | £318,348 |
| 3 Month Average | 3.960 % | £12,078 | £317,078 |
| 6 Month Average | -5.165 % | £-15,754 | £289,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £306,135 | £300,000 | 31 SCHOOL TERRACE |
| 2 Jun 2023 | £290,828 | £285,000 | 146 CHOLMELEY ROAD |
| 3 Mar 2023 | £244,076 | £240,000 | 9 RIVERSDALE COURT |
| 10 Jun 2022 | £311,662 | £305,000 | 152 CHOLMELEY ROAD |
| 28 Jan 2022 | £349,865 | £330,000 | 29 SCHOOL TERRACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 7 Oct 2021. Using an estimated price of £311,662 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on CHOLMELEY ROAD is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Terrace |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near School Terrace |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near School Terrace |
| Jun 2024 | Bicycle theft | Under investigation | On or near School Terrace |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Terrace |