£295,054
This estimated value is based upon the latest sale price for the house of £275,000 on 1 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 1 Jun 2021 |
| £175,000 | 5 Aug 2011 |
| £125,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 852 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 June 2021 the House Price Index for WEST BERKSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £275,000 results in an estimated price of approximately £295,054.
| 1 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £275,000 | £20,054 | £295,054 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 7.648 % | £21,031 | £296,031 |
| 3 Month Average | 0.354 % | £972 | £275,972 |
| 6 Month Average | 8.578 % | £23,588 | £298,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £375,000 | £375,000 | 25 CHATHAM HOUSE RACECOURSE ROAD |
| 20 Nov 2023 | £308,568 | £304,000 | 5 JUNCTION TERRACE |
| 8 Sep 2023 | £303,884 | £299,999 | 56 HAMBRIDGE ROAD |
| 9 Aug 2023 | £332,912 | £330,000 | 1 CHATHAM HOUSE RACECOURSE ROAD |
| 13 Jul 2023 | £342,104 | £337,500 | 5 CHATHAM HOUSE RACECOURSE ROAD |
This house has a floor area of 79 sq meters or 852 sq feet when measured on 11 Mar 2011. Using an estimated price of £295,054 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on HAMBRIDGE ROAD is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Junction Terrace | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Junction Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Junction Terrace |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near B3421 |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B3421 |