£306,171
This estimated value is based upon the latest sale price for the house of £167,995 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,995 | 28 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 2005 the House Price Index for WEST BERKSHIRE was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £167,995 results in an estimated price of approximately £306,171.
| 28 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £167,995 | £138,176 | £306,171 |
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 | 58.688 % | £98,593 | £266,588 |
| 3 Month Average | 63.816 % | £107,207 | £275,202 |
| 6 Month Average | 75.139 % | £126,229 | £294,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £539,722 | £535,000 | 7 CHESTER CLOSE |
| 11 Aug 2023 | £370,239 | £367,000 | 73 MANDARIN DRIVE |
| 21 Apr 2023 | £323,483 | £320,000 | 2 CHARLOTTOWN |
| 23 Feb 2023 | £205,861 | £206,000 | 5 MANDARIN DRIVE |
| 6 Jan 2023 | £224,940 | £226,000 | 36 MANDARIN DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Jun 2020. Using an estimated price of £306,172 means this house is valued at £4,437 per sq meter (£412 per sq foot).
The average size of a house on CORMORANT WOOD is 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cormorant Wood |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cormorant Wood |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mandarin Drive |
| Dec 2023 | Anti-social behaviour | On or near Mandarin Drive | |
| Dec 2023 | Anti-social behaviour | On or near Mandarin Drive |