£379,018
This estimated value is based upon the latest sale price for the house of £218,700 on 1 Mar 2011. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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399 Reading Road, Winnersh, RG41 5LT
Phone: 01189099425
Price Paid | Date |
---|---|
£218,700 | 1 Mar 2011 |
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 March 2011 the House Price Index for WOKINGHAM was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £218,700 results in an estimated price of approximately £379,018.
1 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £218,700 | £160,318 | £379,018 |
The Postcode Pricing Model uses changes in average sales price within the RG41 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 | 64.501 % | £141,063 | £359,763 |
3 Month Average | 91.091 % | £199,216 | £417,916 |
6 Month Average | 82.895 % | £181,291 | £399,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £414,129 | £405,000 | 3 WEDDERBURN CLOSE |
11 Aug 2023 | £438,407 | £430,500 | 42 REYNARDS CLOSE |
4 Aug 2023 | £446,045 | £438,000 | 29 WEDDERBURN CLOSE |
16 Jun 2023 | £509,204 | £499,000 | 23 PHEASANT CLOSE |
9 Mar 2023 | £645,785 | £635,000 | SPRING OAKS REYNARDS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Pheasant Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedderburn Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedderburn Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Meljak Close |
Oct 2024 | Drugs | Under investigation | On or near Meljak Close |