£301,047
This estimated value is based upon the latest sale price for the house of £54,000 on 24 Jul 1996. 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 |
|---|---|
| £54,000 | 24 Jul 1996 |
| Terraced |
| Freehold |
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 July 1996 the House Price Index for READING was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £54,000 results in an estimated price of approximately £301,047.
| 24 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 148.6 | 457.495 % | £54,000 | £247,047 | £301,047 |
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 | 419.155 % | £226,343 | £280,343 |
| 3 Month Average | 436.493 % | £235,706 | £289,706 |
| 6 Month Average | 486.899 % | £262,925 | £316,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £303,678 | £300,000 | 31 SCHOOL TERRACE |
| 2 Jun 2023 | £288,495 | £285,000 | 146 CHOLMELEY ROAD |
| 3 Mar 2023 | £242,283 | £240,000 | 9 RIVERSDALE COURT |
| 10 Jun 2022 | £309,372 | £305,000 | 152 CHOLMELEY ROAD |
| 28 Jan 2022 | £347,295 | £330,000 | 29 SCHOOL TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near School Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near School Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Amity Street |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Amity Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Amity Street |