£805,299
This estimated value is based upon the latest sale price for the house of £696,500 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Park Lane
More crime details
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5 School Green, Shinfield, Reading, RG2 9EE
Phone: 01189099792
| Price Paid | Date |
|---|---|
| £696,500 | 2 Dec 2020 |
| £157,500 | 24 Aug 1999 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in December 2020 the House Price Index for WOKINGHAM was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £696,500 results in an estimated price of approximately £805,299.
| 2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £696,500 | £108,799 | £805,299 |
The Postcode Pricing Model uses changes in average sales price within the RG40 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 | -41.248 % | £-287,290 | £409,209 |
| 3 Month Average | -9.424 % | £-65,635 | £630,864 |
| 6 Month Average | -2.537 % | £-17,670 | £678,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £1,534,860 | £1,500,000 | LEA FARM PARK LANE |
| 29 Sep 2023 | £1,073,668 | £1,050,000 | NEAR WATER LOWER COMMON |
| 5 Jan 2022 | £1,102,606 | £1,040,000 | THE OLD COTTAGE MUD LANE |
| 30 Nov 2021 | £936,987 | £860,000 | 103 READING ROAD |
| 2 Dec 2020 | £805,300 | £696,500 | 5 PARK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Lane |
| Jul 2024 | Anti-social behaviour | On or near New Mill Road | |
| Jul 2024 | Theft from the person | Under investigation | On or near The Rise |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Mill Road |