£301,655
This estimated value is based upon the latest sale price for the house of £242,500 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £242,500 | 29 Jun 2018 |
| £219,950 | 20 Jun 2014 |
| £179,000 | 31 Aug 2007 |
| £169,995 | 31 Jan 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 June 2018 the House Price Index for WEST BERKSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £242,500 results in an estimated price of approximately £301,655.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £242,500 | £59,155 | £301,655 |
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 | -16.336 % | £-39,614 | £202,885 |
| 3 Month Average | 4.552 % | £11,038 | £253,538 |
| 6 Month Average | 18.876 % | £45,773 | £288,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £238,044 | £235,000 | 7 TELFORD COURT OLD COLLEGE ROAD |
| 18 Aug 2023 | £221,942 | £220,000 | 2 MCKENZIE COURT ORMONDE GARDENS |
| 30 Mar 2023 | £512,327 | £507,500 | 3 OLD COLLEGE ROAD |
| 30 Mar 2023 | £312,948 | £310,000 | 26 STEPHENSON COURT |
| 4 Feb 2022 | £469,815 | £448,000 | 16 OLD COLLEGE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Feb 2014. Using an estimated price of £301,656 means this house is valued at £4,865 per sq meter (£452 per sq foot).
The average size of a house on ORMONDE GARDENS is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Ormonde Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Ormonde Gardens | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ormonde Gardens |