£320,675
This estimated value is based upon the latest sale price for the house of £252,500 on 23 Nov 2017. 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 |
|---|---|
| £252,500 | 23 Nov 2017 |
| £142,000 | 28 Sep 2006 |
| £126,500 | 30 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 541 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 November 2017 the House Price Index for READING was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £252,500 results in an estimated price of approximately £320,675.
| 23 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £252,500 | £68,175 | £320,675 |
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 | 20.653 % | £52,150 | £304,650 |
| 3 Month Average | 10.409 % | £26,283 | £278,783 |
| 6 Month Average | 5.733 % | £14,474 | £266,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £276,849 | £275,000 | 88 ORTS ROAD |
| 15 Jun 2022 | £122,621 | £120,000 | 35 NORWOOD ROAD |
| 26 Apr 2022 | £171,175 | £165,000 | 27 NORWOOD ROAD |
| 30 Nov 2021 | £187,397 | £172,000 | 29 NORWOOD ROAD |
| 15 Jan 2021 | £206,959 | £180,000 | 25 NORWOOD ROAD |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 20 Apr 2009. Using an estimated price of £320,675 means this house is valued at £6,375 per sq meter (£592 per sq foot).
The average size of a house on ORTS ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwood Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Norwood Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Road |