£574,163
This estimated value is based upon the latest sale price for the house of £550,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 23 Mar 2022 |
| £189,950 | 17 Nov 2000 |
| £122,000 | 18 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in March 2022 the House Price Index for WEST BERKSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £550,000 results in an estimated price of approximately £574,163.
| 23 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £550,000 | £24,163 | £574,163 |
The Postcode Pricing Model uses changes in average sales price within the RG19 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 | 28.518 % | £156,847 | £706,847 |
| 3 Month Average | -5.098 % | £-28,038 | £521,961 |
| 6 Month Average | -1.631 % | £-8,970 | £541,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £500,020 | £490,000 | 24 SPURCROFT ROAD |
| 11 Nov 2022 | £439,943 | £442,000 | 10 NEVILLE DRIVE |
| 5 Aug 2022 | £215,759 | £214,750 | 5 SPURCROFT ROAD |
| 8 Apr 2022 | £340,274 | £328,000 | 3 REDFINCH MEWS |
| 23 Mar 2022 | £574,163 | £550,000 | 8 COCHRANE CLOSE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 10 Feb 2020. Using an estimated price of £574,163 means this house is valued at £4,317 per sq meter (£401 per sq foot).
There is one other house on the street which we know the size of, this is 7 COCHRANE CLOSE it is 112.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Cochrane Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Neville Drive |
| May 2024 | Anti-social behaviour | On or near Neville Drive | |
| May 2024 | Anti-social behaviour | On or near Neville Drive | |
| May 2024 | Anti-social behaviour | On or near Neville Drive |