£404,353
This estimated value is based upon the latest sale price for the house of £229,950 on 30 May 2006. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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399 Reading Road, Winnersh, RG41 5LT
Phone: 01189099425
| Price Paid | Date |
|---|---|
| £229,950 | 30 May 2006 |
| Terraced |
| 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 May 2006 the House Price Index for WOKINGHAM was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £229,950 results in an estimated price of approximately £404,353.
| 30 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £229,950 | £174,403 | £404,353 |
The Postcode Pricing Model uses changes in average sales price within the RG41 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 | 81.621 % | £187,686 | £417,636 |
| 3 Month Average | 103.969 % | £239,077 | £469,027 |
| 6 Month Average | 99.993 % | £229,934 | £459,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £438,407 | £430,500 | 42 REYNARDS CLOSE |
| 16 Jun 2023 | £509,204 | £499,000 | 23 PHEASANT CLOSE |
| 10 Mar 2023 | £483,067 | £475,000 | 1 MELJAK CLOSE |
| 9 Mar 2023 | £645,785 | £635,000 | SPRING OAKS REYNARDS CLOSE |
| 29 Jul 2022 | £454,555 | £450,000 | 57 REYNARDS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Meljak Close |
| Oct 2024 | Drugs | Under investigation | On or near Meljak Close |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Meljak Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meljak Close |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Meljak Close |