£319,859
This estimated value is based upon the latest sale price for the house of £228,000 on 9 Nov 2015. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
| Price Paid | Date |
|---|---|
| £228,000 | 9 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2015 the House Price Index for READING was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £228,000 results in an estimated price of approximately £319,859.
| 9 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £228,000 | £91,859 | £319,859 |
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 | 46.827 % | £106,765 | £334,765 |
| 3 Month Average | 21.622 % | £49,298 | £277,298 |
| 6 Month Average | 19.243 % | £43,872 | £271,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £312,500 | £312,500 | 9 FRESHWATER ROAD |
| 18 Oct 2023 | £300,833 | £294,000 | 22 FRESHWATER ROAD |
| 1 Sep 2023 | £302,672 | £296,000 | 25 COVENTRY ROAD |
| 16 Feb 2023 | £332,219 | £330,000 | 37 COVENTRY ROAD |
| 20 Jan 2023 | £300,804 | £300,000 | 3 FRESHWATER ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 20 Dec 2013. Using an estimated price of £319,860 means this house is valued at £5,514 per sq meter (£512 per sq foot).
The average size of a house on COVENTRY ROAD is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Riversdale Court | |
| May 2024 | Anti-social behaviour | On or near Riversdale Court | |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Riversdale Court |
| May 2024 | Anti-social behaviour | On or near Riversdale Court | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Amity Road |