£273,177
This estimated value is based upon the latest sale price for the house of £175,000 on 4 Sep 2007. This value is then adjusted by the current Official House Price Index for READING 1
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
| Price Paid | Date |
|---|---|
| £175,000 | 4 Sep 2007 |
| £149,000 | 17 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 735 sq feet |
This model uses changes in the Official Land Registry House Price Index for READING to estimate the market value.
When this house was purchased in September 2007 the House Price Index for READING was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £175,000 results in an estimated price of approximately £273,177.
| 4 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £175,000 | £98,177 | £273,177 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 36.782 % | £64,368 | £239,368 |
| 3 Month Average | 36.432 % | £63,755 | £238,755 |
| 6 Month Average | 49.455 % | £86,545 | £261,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2022 | £242,068 | £245,000 | 25 CUMBERLAND ROAD |
| 8 Apr 2022 | £293,493 | £285,000 | 60 CUMBERLAND ROAD |
| 20 Oct 2021 | £292,110 | £264,000 | 44 CUMBERLAND ROAD |
| 30 Apr 2021 | £278,907 | £247,000 | 37 CUMBERLAND ROAD |
| 21 Dec 2020 | £272,008 | £237,000 | 41 CUMBERLAND ROAD |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 19 Jun 2009. Using an estimated price of £273,178 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on AMITY ROAD is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Amity Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Amity Road |
| Mar 2024 | Burglary | Under investigation | On or near Cholmeley Place |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Cholmeley Place |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cholmeley Terrace |