£368,592
This estimated value is based upon the latest sale price for the house of £280,000 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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5 School Green, Shinfield, Reading, RG2 9EE
Phone: 01189099792
Price Paid | Date |
---|---|
£280,000 | 20 Jan 2017 |
£122,000 | 23 May 2002 |
£122,000 | 28 Jan 2002 |
£74,950 | 27 Apr 1999 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 sq feet |
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 January 2017 the House Price Index for WOKINGHAM was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £280,000 results in an estimated price of approximately £368,592.
20 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £280,000 | £88,592 | £368,592 |
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 | 44.479 % | £124,542 | £404,542 |
3 Month Average | 19.058 % | £53,363 | £333,363 |
6 Month Average | 26.148 % | £73,214 | £353,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £375,773 | £370,000 | 359 OLD WHITLEY WOOD LANE |
20 Oct 2023 | £286,507 | £280,000 | 16 FALMOUTH ROAD |
7 Jun 2023 | £739,826 | £725,000 | 3 SALMOND ROAD |
29 Jul 2022 | £540,415 | £535,000 | 8 SALMOND ROAD |
21 Apr 2022 | £437,792 | £422,000 | 11 FALMOUTH ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 21 Sep 2016. Using an estimated price of £368,593 means this house is valued at £4,550 per sq meter (£422 per sq foot).
The average size of a house on DREWETT CLOSE is 100 sq meters (1,078 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drewett Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drewett Close |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drewett Close |