£295,674
This estimated value is based upon the latest sale price for the house of £195,000 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for READING 1
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6 Whitley Wood Road, Reading, RG2 8JA
Phone: 01184432312
Price Paid | Date |
---|---|
£195,000 | 5 Sep 2014 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2014 the House Price Index for READING was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £195,000 results in an estimated price of approximately £295,674.
5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £195,000 | £100,674 | £295,674 |
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 | 59.082 % | £115,209 | £310,209 |
3 Month Average | 65.908 % | £128,521 | £323,521 |
6 Month Average | 64.932 % | £126,618 | £321,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £312,088 | £305,000 | 14 CHAGFORD ROAD |
29 Sep 2023 | £332,326 | £325,000 | 2 STOCKTON ROAD |
4 Aug 2023 | £361,520 | £355,000 | 5 CORINNE CLOSE |
30 Jun 2023 | £321,442 | £315,000 | 28 MERTON ROAD SOUTH |
7 Jun 2023 | £326,544 | £320,000 | 46 MERTON ROAD SOUTH |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Apr 2014. Using an estimated price of £295,675 means this house is valued at £4,223 per sq meter (£392 per sq foot).
The average size of a house on MERTON ROAD SOUTH is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Awaiting court outcome | On or near Merton Road South |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merton Road South |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Gardens |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Merrivale Gardens |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merrivale Gardens |