£260,986
This estimated value is based upon the latest sale price for the house of £177,500 on 1 May 2015. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £177,500 | 1 May 2015 |
| £145,000 | 23 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 771 sq feet |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in May 2015 the House Price Index for WOKINGHAM was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £177,500 results in an estimated price of approximately £260,986.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £177,500 | £83,486 | £260,986 |
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 | 104.540 % | £185,558 | £363,058 |
| 3 Month Average | 54.311 % | £96,402 | £273,902 |
| 6 Month Average | 53.117 % | £94,282 | £271,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £375,773 | £370,000 | 359 OLD WHITLEY WOOD LANE |
| 7 Jun 2023 | £739,826 | £725,000 | 3 SALMOND ROAD |
| 29 Jul 2022 | £540,415 | £535,000 | 8 SALMOND ROAD |
| 13 Jun 2022 | £337,208 | £330,000 | 10 SAMPAGE CLOSE |
| 10 Jan 2022 | £386,972 | £365,000 | 6 CONINGHAM ROAD |
This house has a floor area of 71 sq meters or 771 sq feet when measured on 2 Jun 2010. Using an estimated price of £260,986 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on WHITLEY WOOD LANE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drewett Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Drewett Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drewett Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drewett Close |