£284,519
This estimated value is based upon the latest sale price for the house of £163,000 on 5 May 2006. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Cholmeley Place
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
| Price Paid | Date |
|---|---|
| £163,000 | 5 May 2006 |
| £125,000 | 5 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 749 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 May 2006 the House Price Index for READING was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £163,000 results in an estimated price of approximately £284,519.
| 5 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £163,000 | £121,519 | £284,519 |
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 | 42.596 % | £69,431 | £232,431 |
| 3 Month Average | 50.403 % | £82,157 | £245,157 |
| 6 Month Average | 64.116 % | £104,508 | £267,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £334,502 | £330,000 | 35 CHOLMELEY ROAD |
| 16 Jun 2023 | £301,148 | £297,500 | 22 CHOLMELEY TERRACE |
| 27 May 2022 | £234,417 | £230,000 | 13 CHOLMELEY ROAD |
| 17 Nov 2020 | £376,790 | £325,000 | 57 AMITY ROAD |
| 29 Sep 2020 | £282,003 | £237,500 | 22 AMITY ROAD |
This house has a floor area of 69 sq meters or 749 sq feet when measured on 31 Jul 2009. Using an estimated price of £284,520 means this house is valued at £4,086 per sq meter (£379 per sq foot).
The average size of a house on CHOLMELEY PLACE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cholmeley Terrace |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cholmeley Terrace |