£144,925
This estimated value is based upon the latest sale price for the house of £95,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £95,000 | 29 Aug 2014 |
| £87,500 | 17 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 August 2014 the House Price Index for READING was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £95,000 results in an estimated price of approximately £144,925.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £95,000 | £49,925 | £144,925 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | 70.659 % | £67,125 | £162,125 |
| 3 Month Average | 55.144 % | £52,387 | £147,387 |
| 6 Month Average | 63.635 % | £60,452 | £155,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £345,305 | £340,000 | 246 WHITLEY WOOD ROAD |
| 19 Sep 2023 | £373,227 | £365,000 | 104 SPENCER ROAD |
| 26 Apr 2023 | £290,432 | £285,000 | 242 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £295,528 | £290,000 | 238 WHITLEY WOOD ROAD |
| 26 Apr 2023 | £290,432 | £285,000 | 240 WHITLEY WOOD ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 17 Jan 2013. Using an estimated price of £144,925 means this house is valued at £3,716 per sq meter (£345 per sq foot).
The average size of a house on WRENSWOOD CLOSE is 84 sq meters (911 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wrenswood Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrenswood Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Creswell Close |
| Aug 2024 | Anti-social behaviour | On or near Creswell Close | |
| Aug 2024 | Anti-social behaviour | On or near Creswell Close |