£333,160
This estimated value is based upon the latest sale price for the house of £305,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £305,000 | 29 Oct 2021 |
| £158,000 | 9 Dec 2011 |
| £129,950 | 28 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 928 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 October 2021 the House Price Index for READING was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £305,000 results in an estimated price of approximately £333,160.
| 29 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £305,000 | £28,160 | £333,160 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | -35.401 % | £-107,974 | £197,025 |
| 3 Month Average | -5.243 % | £-15,990 | £289,009 |
| 6 Month Average | -0.971 % | £-2,962 | £302,037 |
This house has a floor area of 86 sq meters or 928 sq feet when measured on 16 Sep 2010.
The average size of a house on WRENSWOOD CLOSE is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrenswood Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Wrenswood Close |
| Dec 2023 | Public order | Under investigation | On or near Wrenswood Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Creswell Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Creswell Close |