£353,360
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Oct 2017. 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 |
|---|---|
| £280,000 | 30 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2017 the House Price Index for READING was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £280,000 results in an estimated price of approximately £353,360.
| 30 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £280,000 | £73,360 | £353,360 |
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 | 16.775 % | £46,971 | £326,971 |
| 3 Month Average | 7.269 % | £20,354 | £300,354 |
| 6 Month Average | 8.236 % | £23,061 | £303,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £369,727 | £365,000 | 104 SPENCER ROAD |
| 26 Apr 2023 | £288,102 | £285,000 | 240 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £293,156 | £290,000 | 238 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £288,102 | £285,000 | 242 WHITLEY WOOD ROAD |
| 24 Mar 2023 | £378,567 | £375,000 | 63 SPENCER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Jun 2014. Using an estimated price of £353,360 means this house is valued at £4,206 per sq meter (£390 per sq foot).
The average size of a house on WHITLEY WOOD ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrenswood Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near The Maying |