£232,689
This estimated value is based upon the latest sale price for the house of £220,000 on 22 Dec 2021. 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 |
|---|---|
| £220,000 | 22 Dec 2021 |
| £150,000 | 29 Aug 2014 |
| £124,950 | 3 Feb 2006 |
| £109,850 | 5 Jun 2002 |
| £57,500 | 31 Mar 1998 |
| £40,250 | 1 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
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 December 2021 the House Price Index for READING was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £220,000 results in an estimated price of approximately £232,689.
| 22 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £220,000 | £12,689 | £232,689 |
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 | -31.064 % | £-68,341 | £151,658 |
| 3 Month Average | 0.086 % | £190 | £220,190 |
| 6 Month Average | 4.750 % | £10,449 | £230,449 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Ashby Court |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashby Court |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Ashby Court |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |