£374,609
This estimated value is based upon the latest sale price for the house of £288,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near St Elizabeth Close
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £288,000 | 25 Nov 2016 |
| Terraced |
| Freehold |
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 November 2016 the House Price Index for READING was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £288,000 results in an estimated price of approximately £374,609.
| 25 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £288,000 | £86,609 | £374,609 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | -28.358 % | £-81,670 | £206,329 |
| 3 Month Average | 7.938 % | £22,860 | £310,860 |
| 6 Month Average | 15.141 % | £43,605 | £331,605 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near St Elizabeth Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heroes Walk |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashby Court |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Ashby Court |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Ashby Court |