£287,488
This estimated value is based upon the latest sale price for the house of £124,950 on 11 Aug 2003. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,950 | 11 Aug 2003 |
| £112,500 | 9 Jul 2002 |
| £80,000 | 19 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 August 2003 the House Price Index for WEST BERKSHIRE was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £124,950 results in an estimated price of approximately £287,488.
| 11 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £124,950 | £162,538 | £287,488 |
The Postcode Pricing Model uses changes in average sales price within the RG17 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 | 69.539 % | £86,889 | £211,839 |
| 3 Month Average | 73.072 % | £91,303 | £216,253 |
| 6 Month Average | 102.204 % | £127,704 | £252,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £152,046 | £150,000 | 19 FREEMANS CLOSE |
| 28 Jul 2023 | £136,842 | £135,000 | 10 FREEMANS CLOSE |
| 29 Jun 2023 | £151,839 | £150,000 | 16 FREEMANS CLOSE |
| 24 Mar 2023 | £153,950 | £152,500 | 18 FREEMANS CLOSE |
| 18 Jan 2023 | £199,062 | £200,000 | 47 CHERRY GROVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 9 Jan 2019. Using an estimated price of £287,488 means this house is valued at £5,528 per sq meter (£513 per sq foot).
The average size of a house on CHERRY GROVE is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Freemans Close | |
| Feb 2024 | Anti-social behaviour | On or near Freemans Close | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smitham Bridge Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Smitham Bridge Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chilton Way |