£396,980
This estimated value is based upon the latest sale price for the house of £82,000 on 11 Feb 1998. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Otter Court
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £82,000 | 11 Feb 1998 |
| Semi-Detached |
| Freehold |
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 February 1998 the House Price Index for READING was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £82,000 results in an estimated price of approximately £396,980.
| 11 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £82,000 | £314,980 | £396,980 |
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 | 496.136 % | £406,831 | £488,831 |
| 3 Month Average | 416.365 % | £341,418 | £423,418 |
| 6 Month Average | 417.640 % | £342,464 | £424,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £412,000 | £412,000 | 161 WHITLEY WOOD LANE |
| 8 Mar 2024 | £345,305 | £340,000 | 246 WHITLEY WOOD ROAD |
| 29 Nov 2023 | £266,772 | £260,000 | 90 WHITLEY WOOD LANE |
| 10 Nov 2023 | £420,679 | £410,000 | 173 WHITLEY WOOD LANE |
| 9 Jun 2023 | £372,464 | £365,000 | 49 WHITLEY WOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Otter Court |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dovecote Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dovecote Road |
| Jul 2024 | Anti-social behaviour | On or near Salford Close | |
| Jul 2024 | Anti-social behaviour | On or near Salford Close |