£557,723
This estimated value is based upon the latest sale price for the house of £101,000 on 27 Sep 1996. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £101,000 | 27 Sep 1996 |
| Semi-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 September 1996 the House Price Index for WOKINGHAM was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £101,000 results in an estimated price of approximately £557,723.
| 27 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £101,000 | £456,723 | £557,723 |
The Postcode Pricing Model uses changes in average sales price within the RG7 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 | 246.446 % | £248,910 | £349,910 |
| 3 Month Average | 293.615 % | £296,550 | £397,550 |
| 6 Month Average | 319.269 % | £322,461 | £423,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £262,295 | £260,000 | 21 STANBURY GATE |
| 10 Mar 2023 | £272,568 | £270,000 | 9 STANBURY GATE |
| 5 Aug 2022 | £418,872 | £420,000 | 24 STANBURY GATE |
| 12 May 2022 | £866,324 | £850,000 | HILLSIDE HOUSE BASINGSTOKE ROAD |
| 16 Feb 2022 | £555,808 | £530,000 | 9 SEVENOAKS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sevenoaks Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sevenoaks Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pursers Farm |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Pursers Farm |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pursers Farm |