£614,486
This estimated value is based upon the latest sale price for the house of £495,000 on 7 Nov 2018. 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 |
|---|---|
| £495,000 | 7 Nov 2018 |
| £390,000 | 3 May 2013 |
| £305,000 | 30 Jun 2009 |
| 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 November 2018 the House Price Index for WOKINGHAM was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £495,000 results in an estimated price of approximately £614,486.
| 7 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £495,000 | £119,486 | £614,486 |
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 | 34.383 % | £170,196 | £665,196 |
| 3 Month Average | -5.562 % | £-27,530 | £467,469 |
| 6 Month Average | 8.968 % | £44,392 | £539,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £400,000 | £400,000 | WINDY RIDGE BASINGSTOKE ROAD |
| 29 Sep 2023 | £434,580 | £425,000 | ELMLEIGH BASINGSTOKE ROAD |
| 29 Sep 2023 | £457,076 | £447,000 | 23 HAYES DRIVE |
| 31 Aug 2023 | £440,953 | £433,000 | 5 GUERNSEY PLACE |
| 29 Aug 2023 | £514,275 | £505,000 | 1 WEST VIEW TERRACE BASINGSTOKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Guernsey Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hayes Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitford Close |
| Sep 2024 | Anti-social behaviour | On or near Mereoak Lane | |
| Sep 2024 | Anti-social behaviour | On or near Mereoak Lane |