£950,310
This estimated value is based upon the latest sale price for the house of £830,306 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £830,306 | 30 Nov 2020 |
| £495,000 | 1 Jan 2002 |
| Detached |
| Freehold |
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 November 2020 the House Price Index for WEST BERKSHIRE was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £830,306 results in an estimated price of approximately £950,310.
| 30 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £830,306 | £120,004 | £950,310 |
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 | -16.820 % | £-139,659 | £690,646 |
| 3 Month Average | -5.075 % | £-42,135 | £788,170 |
| 6 Month Average | 1.447 % | £12,012 | £842,318 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monktons Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mortimer Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Damson Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Damson Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Damson Drive |