£739,012
This estimated value is based upon the latest sale price for the house of £490,000 on 15 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 15 Oct 2014 |
| £280,000 | 1 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in October 2014 the House Price Index for WEST BERKSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £490,000 results in an estimated price of approximately £739,012.
| 15 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £490,000 | £249,012 | £739,012 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 23.356 % | £114,442 | £604,442 |
| 3 Month Average | 15.560 % | £76,246 | £566,246 |
| 6 Month Average | 25.548 % | £125,187 | £615,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £255,810 | £250,000 | 37 GORSELANDS |
| 17 Mar 2023 | £513,577 | £505,000 | 24 GORSELANDS |
| 16 Feb 2023 | £704,707 | £700,000 | 12 THE GABRIELS |
| 12 Jan 2023 | £724,486 | £722,550 | 6 THE GABRIELS |
| 28 Oct 2022 | £717,603 | £720,000 | 28 THE GABRIELS |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 19 Jul 2012. Using an estimated price of £739,012 means this house is valued at £4,271 per sq meter (£396 per sq foot).
The average size of a house on GORSELANDS is 144 sq meters (1,556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Bicycle theft | Under investigation | On or near Gorselands |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencer Road |
| Jul 2024 | Anti-social behaviour | On or near Hanover Mead | |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hanover Mead |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Round End |