£444,347
This estimated value is based upon the latest sale price for the house of £137,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for READING 1
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
| Price Paid | Date |
|---|---|
| £137,000 | 12 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2001 the House Price Index for READING was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £137,000 results in an estimated price of approximately £444,347.
| 12 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £137,000 | £307,347 | £444,347 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 94.501 % | £129,465 | £266,465 |
| 3 Month Average | 110.953 % | £152,005 | £289,005 |
| 6 Month Average | 142.328 % | £194,990 | £331,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £625,952 | £615,000 | 4 CARNARVON ROAD |
| 28 Apr 2023 | £343,701 | £340,000 | 48 CARNARVON ROAD |
| 31 Jan 2023 | £428,979 | £431,000 | 35 DE BEAUVOIR ROAD |
| 26 Oct 2022 | £306,698 | £310,000 | 29 DE BEAUVOIR ROAD |
| 5 Sep 2022 | £560,474 | £565,000 | 24 EASTERN AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Dec 2018. Using an estimated price of £444,347 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on CARNARVON ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carnarvon Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carnarvon Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Carnarvon Road |
| Mar 2024 | Anti-social behaviour | On or near De Beauvoir Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near De Beauvoir Road |