£1,125,415
This estimated value is based upon the latest sale price for the house of £775,000 on 3 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £775,000 | 3 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,744 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 2015 the House Price Index for WEST BERKSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £775,000 results in an estimated price of approximately £1,125,415.
| 3 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £775,000 | £350,415 | £1,125,415 |
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 | 31.233 % | £242,059 | £1,017,059 |
| 3 Month Average | 31.937 % | £247,510 | £1,022,510 |
| 6 Month Average | 35.920 % | £278,379 | £1,053,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £384,741 | £385,000 | 53 THE OAKS |
| 25 Nov 2022 | £235,152 | £238,000 | 20 JAGO COURT |
| 27 May 2022 | £422,970 | £415,000 | 12 MONKS LANE |
| 5 Apr 2022 | £726,008 | £705,000 | 30 MONKS LANE |
| 14 Feb 2022 | £241,200 | £230,000 | 4 JAGO COURT |
This house has a floor area of 255 sq meters or 2,744 sq feet when measured on 13 Nov 2014. Using an estimated price of £1,125,416 means this house is valued at £4,413 per sq meter (£410 per sq foot).
The average size of a house on MONKS LANE is 114 sq meters (1,233 sq feet).
This house is the largest in the street with a floor area of 255 sq meters (2,744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Steel Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Steel Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Steel Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Steel Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Steel Close |