£333,149
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Aug 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 August 2014 the House Price Index for WEST BERKSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £220,000 results in an estimated price of approximately £333,149.
| 21 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £220,000 | £113,149 | £333,149 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 38.494 % | £84,686 | £304,686 |
| 3 Month Average | 34.157 % | £75,145 | £295,145 |
| 6 Month Average | 45.474 % | £100,043 | £320,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £400,936 | £395,000 | 12 PARK TERRACE |
| 17 Aug 2023 | £140,176 | £138,950 | FLAT 11 BERMAR HOUSE, 37 LONDON ROAD |
| 12 Apr 2023 | £303,265 | £300,000 | 9 LONDON ROAD |
| 10 Feb 2023 | £299,798 | £300,000 | 3 LONDON ROAD |
| 30 Nov 2022 | £148,205 | £150,000 | FLAT 6 BERMAR HOUSE, 37 LONDON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Apr 2012. Using an estimated price of £333,150 means this house is valued at £5,125 per sq meter (£476 per sq foot).
The average size of a house on PARK WAY is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Park Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Way |
| Mar 2024 | Bicycle theft | Under investigation | On or near Clarendon Gardens |
| Mar 2024 | Drugs | Local resolution | On or near Clarendon Gardens |