£869,718
This estimated value is based upon the latest sale price for the house of £720,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £720,000 | 28 Aug 2020 |
| £166,500 | 15 Dec 1995 |
| 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 2020 the House Price Index for WOKINGHAM was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £720,000 results in an estimated price of approximately £869,718.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £720,000 | £149,718 | £869,718 |
The Postcode Pricing Model uses changes in average sales price within the RG7 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 | 4.355 % | £31,355 | £751,355 |
| 3 Month Average | 9.283 % | £66,838 | £786,838 |
| 6 Month Average | 4.349 % | £31,316 | £751,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £498,312 | £483,000 | 4 NORMAN RISE |
| 17 Nov 2023 | £564,325 | £550,000 | 1 ALLFREY GROVE |
| 8 Sep 2023 | £444,805 | £435,000 | BLAKES COTTAGE BASINGSTOKE ROAD |
| 17 Aug 2023 | £501,037 | £492,000 | 1 ANVIL CLOSE |
| 29 Jul 2022 | £651,528 | £645,000 | ROSE VILLA BASINGSTOKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Diana Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kiln Lane |