£410,522
This estimated value is based upon the latest sale price for the house of £330,000 on 26 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 26 Sep 2018 |
| £152,000 | 28 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2018 the House Price Index for WEST BERKSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £330,000 results in an estimated price of approximately £410,522.
| 26 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £330,000 | £80,522 | £410,522 |
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 | 1.893 % | £6,247 | £336,247 |
| 3 Month Average | -12.942 % | £-42,708 | £287,291 |
| 6 Month Average | -5.121 % | £-16,899 | £313,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £252,190 | £250,000 | 34 LIPSCOMBE CLOSE |
| 24 Nov 2023 | £554,064 | £540,000 | 15 CLIFTON ROAD |
| 26 Oct 2023 | £337,669 | £330,000 | 25 LIPSCOMBE CLOSE |
| 30 Jun 2023 | £373,485 | £366,000 | 8 LIPSCOMBE CLOSE |
| 7 Jul 2022 | £479,808 | £475,000 | 28 CLIFTON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Feb 2018. Using an estimated price of £410,522 means this house is valued at £5,701 per sq meter (£529 per sq foot).
The average size of a house on LIPSCOMBE CLOSE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Butson Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Butson Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Butson Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parsons Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parsons Close |