£328,947
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
Price Paid | Date |
---|---|
£275,000 | 18 Sep 2020 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 September 2020 the House Price Index for READING was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £275,000 results in an estimated price of approximately £328,947.
18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £275,000 | £53,947 | £328,947 |
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 | 26.476 % | £72,807 | £347,807 |
3 Month Average | 18.133 % | £49,865 | £324,865 |
6 Month Average | 22.954 % | £63,124 | £338,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2024 | £412,000 | £412,000 | 161 WHITLEY WOOD LANE |
8 Mar 2024 | £345,305 | £340,000 | 246 WHITLEY WOOD ROAD |
29 Nov 2023 | £266,772 | £260,000 | 90 WHITLEY WOOD LANE |
10 Nov 2023 | £420,679 | £410,000 | 173 WHITLEY WOOD LANE |
30 Jun 2023 | £313,278 | £307,000 | 7 COPENHAGEN CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Mar 2020. Using an estimated price of £328,947 means this house is valued at £5,575 per sq meter (£517 per sq foot).
The average size of a house on DOVECOTE ROAD is 69 sq meters (745 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dovecote Road |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dovecote Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitley Wood Lane |
Oct 2024 | Anti-social behaviour | On or near Copenhagen Close | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Copenhagen Close |