£233,002
This estimated value is based upon the latest sale price for the house of £172,500 on 31 Mar 2016. 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 |
|---|---|
| £172,500 | 31 Mar 2016 |
| £88,000 | 2 Apr 2001 |
| Terraced |
| Leasehold |
| Floor Area: 38 sq meters or 415 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 March 2016 the House Price Index for READING was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £172,500 results in an estimated price of approximately £233,002.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £172,500 | £60,502 | £233,002 |
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 | 2.720 % | £4,692 | £177,192 |
| 3 Month Average | 7.660 % | £13,214 | £185,714 |
| 6 Month Average | 18.950 % | £32,688 | £205,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £267,339 | £265,000 | FLAT 10 SOVEREIGN COURT, 318A KINGS ROAD |
| 7 Jul 2023 | £146,978 | £145,000 | 7 HAVEN COURT |
| 24 Feb 2023 | £249,832 | £250,000 | FLAT 3 SOVEREIGN COURT, 318A KINGS ROAD |
| 6 Feb 2023 | £274,815 | £275,000 | 88 ORTS ROAD |
| 8 Jul 2022 | £160,432 | £160,000 | FLAT 23 VANBRUGH COURT LONDON ROAD |
This house has a floor area of 38 sq meters or 415 sq feet when measured on 12 Nov 2008. Using an estimated price of £233,002 means this house is valued at £6,034 per sq meter (£560 per sq foot).
The average size of a house on HAVEN COURT is 46 sq meters (495 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Norwood Road | |
| Mar 2024 | Anti-social behaviour | On or near Norwood Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norwood Road |
| Mar 2024 | Anti-social behaviour | On or near Norwood Road | |
| Mar 2024 | Anti-social behaviour | On or near Norwood Road |