£517,407
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 5 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
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 2013 the House Price Index for WEST BERKSHIRE was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £320,000 results in an estimated price of approximately £517,407.
| 5 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £320,000 | £197,407 | £517,407 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 33.876 % | £108,402 | £428,402 |
| 3 Month Average | 24.734 % | £79,147 | £399,147 |
| 6 Month Average | 31.647 % | £101,270 | £421,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £287,497 | £285,000 | 22 BEWICKS REACH |
| 3 Apr 2024 | £534,643 | £530,000 | 8 WEST MILLS |
| 13 Mar 2024 | £113,748 | £112,000 | 8 WEST MILLS YARD |
| 1 Mar 2024 | £182,809 | £180,000 | 30 THE MALTINGS |
| 20 Dec 2023 | £154,755 | £150,000 | 29 THE MALTINGS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 25 Sep 2013. Using an estimated price of £517,407 means this house is valued at £6,087 per sq meter (£565 per sq foot).
The average size of a house on WEST MILLS is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Kennet Road | |
| Jul 2024 | Drugs | Under investigation | On or near Kennet Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Kennet Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Kennet Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mallard Court |