£865,281
This estimated value is based upon the latest sale price for the house of £535,000 on 14 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Wearside House, Hazel Road, Reading, RG8 8BB
Phone: 01184432358
| Price Paid | Date |
|---|---|
| £535,000 | 14 Mar 2007 |
| 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 March 2007 the House Price Index for WEST BERKSHIRE was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £535,000 results in an estimated price of approximately £865,281.
| 14 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £535,000 | £330,281 | £865,281 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | 12.718 % | £68,042 | £603,042 |
| 3 Month Average | 24.905 % | £133,243 | £668,243 |
| 6 Month Average | 53.227 % | £284,764 | £819,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £494,660 | £490,000 | 70 HAZEL ROAD |
| 18 Jan 2023 | £352,340 | £354,000 | 14 GWYNNE CLOSE |
| 26 May 2022 | £815,364 | £800,000 | 60 HAZEL ROAD |
| 4 Mar 2022 | £652,845 | £630,000 | 1 GOODLIFFE GARDENS |
| 24 Feb 2022 | £838,956 | £800,000 | 49 OREGON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Goodliffe Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goodliffe Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fullbrook Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Skilton Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Reach |