£226,576
This estimated value is based upon the latest sale price for the house of £186,000 on 24 Jul 2020. 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 |
|---|---|
| £186,000 | 24 Jul 2020 |
| £225,000 | 2 Nov 2015 |
| £170,000 | 23 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
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 July 2020 the House Price Index for WOKINGHAM was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £186,000 results in an estimated price of approximately £226,576.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £186,000 | £40,576 | £226,576 |
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 | 16.599 % | £30,874 | £216,874 |
| 3 Month Average | 0.792 % | £1,473 | £187,473 |
| 6 Month Average | 6.012 % | £11,181 | £197,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £400,000 | £400,000 | WINDY RIDGE BASINGSTOKE ROAD |
| 9 Apr 2024 | £342,978 | £340,000 | 2 RYE COTTAGES |
| 15 Mar 2024 | £406,242 | £400,000 | AVALON BASINGSTOKE ROAD |
| 24 Oct 2023 | £429,761 | £420,000 | 38 CARIBOU WALK |
| 31 Aug 2023 | £383,924 | £377,000 | WISTERIA COTTAGE CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Basingstoke Road |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Basingstoke Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitford Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |