£347,173
This estimated value is based upon the latest sale price for the house of £285,000 on 16 Jul 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 |
---|---|
£285,000 | 16 Jul 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 July 2020 the House Price Index for READING was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £285,000 results in an estimated price of approximately £347,173.
16 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £285,000 | £62,173 | £347,173 |
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 | 7.387 % | £21,053 | £306,053 |
3 Month Average | 32.284 % | £92,010 | £377,010 |
6 Month Average | 16.680 % | £47,537 | £332,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2022 | £313,951 | £315,000 | 21 TIDMAN ROAD |
8 Apr 2022 | £544,647 | £525,000 | 6 TIDMAN ROAD |
25 Feb 2022 | £327,502 | £310,000 | 10 TIDMAN ROAD |
7 Jan 2022 | £425,140 | £401,000 | 14 RUSTON CLOSE |
7 Jan 2022 | £572,507 | £540,000 | 16 TIDMAN ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 18 Jul 2019. Using an estimated price of £347,174 means this house is valued at £5,341 per sq meter (£496 per sq foot).
The average size of a house on RUSTON CLOSE is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ruston Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ruston Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Tidman Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |
Jul 2024 | Shoplifting | Under investigation | On or near Parking Area |