£315,500
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Oct 2017. 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 |
|---|---|
| £250,000 | 30 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2017 the House Price Index for READING was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £250,000 results in an estimated price of approximately £315,500.
| 30 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £250,000 | £65,500 | £315,500 |
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 | -13.381 % | £-33,452 | £216,547 |
| 3 Month Average | -7.404 % | £-18,508 | £231,491 |
| 6 Month Average | -3.046 % | £-7,614 | £242,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £303,678 | £300,000 | 31 SCHOOL TERRACE |
| 18 Nov 2022 | £179,575 | £181,750 | 4 ICARUS COURT SUN STREET |
| 9 Nov 2022 | £345,811 | £350,000 | JOLLY ANGLERS KENNET SIDE |
| 15 Jul 2022 | £237,640 | £237,000 | FLAT 10 SYDENHAM HOUSE SUN STREET |
| 8 Jul 2022 | £280,756 | £280,000 | 140 CUMBERLAND ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Mar 2017. Using an estimated price of £315,500 means this house is valued at £3,392 per sq meter (£315 per sq foot).
The average size of a house on CUMBERLAND ROAD is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Sun Street |
| Jan 2024 | Anti-social behaviour | On or near Sun Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sun Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Sun Street |
| Jan 2024 | Anti-social behaviour | On or near Sun Street |