£341,344
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for READING 1
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
Price Paid | Date |
---|---|
£225,000 | 27 Feb 2015 |
£175,000 | 24 Apr 1997 |
Freehold |
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 February 2015 the House Price Index for READING was 67.3.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 51.709%.Applying this 51.709% change to the original purchase price of £225,000 results in an estimated price of approximately £341,344.
27 Feb 2015 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.3 | 102.1 | 51.709 % | £225,000 | £116,344 | £341,344 |
The Postcode Pricing Model uses changes in average sales price within the RG6 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 | 79.690 % | £179,302 | £404,302 |
3 Month Average | 33.249 % | £74,809 | £299,809 |
6 Month Average | 35.310 % | £79,447 | £304,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Dec 2024 | £281,933 | £280,000 | 16 GRANBY GARDENS |
24 Sep 2024 | £474,291 | £465,000 | 14 WOKINGHAM ROAD |
20 Dec 2023 | £299,676 | £285,000 | 5 GRANBY GARDENS |
24 Nov 2023 | £130,763 | £125,000 | 12 GRANBY COURT |
28 Sep 2023 | £307,029 | £295,000 | 50 GRANBY GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Under investigation | On or near Granby Gardens |
Jan 2025 | Public order | Investigation complete; no suspect identified | On or near Granby Gardens |
Jan 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Granby Gardens |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Granby Gardens |
Jan 2025 | Other crime | Unable to prosecute suspect | On or near Granby Gardens |