£295,638
This estimated value is based upon the latest sale price for the house of £265,000 on 31 Aug 2021. 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 |
|---|---|
| £265,000 | 31 Aug 2021 |
| £209,950 | 23 Apr 2014 |
| £131,000 | 15 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
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 August 2021 the House Price Index for READING was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £265,000 results in an estimated price of approximately £295,638.
| 31 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £265,000 | £30,638 | £295,638 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 6.092 % | £16,144 | £281,144 |
| 3 Month Average | -2.709 % | £-7,178 | £257,821 |
| 6 Month Average | 10.240 % | £27,136 | £292,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2022 | £242,068 | £245,000 | 25 CUMBERLAND ROAD |
| 8 Apr 2022 | £293,493 | £285,000 | 60 CUMBERLAND ROAD |
| 20 Oct 2021 | £292,110 | £264,000 | 44 CUMBERLAND ROAD |
| 31 Aug 2021 | £295,638 | £265,000 | 40 CUMBERLAND ROAD |
| 9 Aug 2021 | £323,529 | £290,000 | 26 CUMBERLAND ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 18 Jan 2014. Using an estimated price of £295,638 means this house is valued at £3,839 per sq meter (£356 per sq foot).
The average size of a house on CUMBERLAND ROAD is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |