£569,986
This estimated value is based upon the latest sale price for the house of £565,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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301 Loddon Bridge Road, Woodley, Reading, RG5 4BE
Phone: 01184438910
| Price Paid | Date |
|---|---|
| £565,000 | 18 Aug 2023 |
| 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 August 2023 the House Price Index for WOKINGHAM was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £565,000 results in an estimated price of approximately £569,986.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £565,000 | £4,986 | £569,986 |
The Postcode Pricing Model uses changes in average sales price within the RG5 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 | -14.738 % | £-83,267 | £481,732 |
| 3 Month Average | -6.775 % | £-38,278 | £526,721 |
| 6 Month Average | -3.125 % | £-17,658 | £547,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £569,986 | £565,000 | 53 MITCHELL WAY |
| 4 Aug 2023 | £423,707 | £420,000 | 11 COMET WAY |
| 3 Aug 2023 | £564,942 | £560,000 | 21 TIGER CLOSE |
| 15 Jun 2023 | £465,640 | £460,000 | 9 COMET WAY |
| 3 Feb 2023 | £447,199 | £447,500 | 14 MITCHELL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitchell Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kittiwake Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Scott Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Harrier Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Way |